Rio Tinto spends over A$15.3 bn with Australian suppliers
(Posted on 20/03/23)
Rio Tinto increased its spend with Australian suppliers to more than A$15.3 billion in 2022, as part of the company’s ongoing commitment to support communities where it operates.
This was an increase of almost 9 per cent on the previous year and was spent with more than 6,200 businesses, including Australian owned and operated businesses and locally owned and managed branches of global companies. The spend helped support tens of thousands of Australian jobs and delivered a significant economic contribution to communities across the country.
As part of this spend, more than A$565 million was spent with Indigenous businesses across Australia – an increase of 40 per cent on the year before.
Rio Tinto Chief Executive, Australia, Kellie Parker said, “Supporting local businesses in the communities where we operate is a key priority for Rio Tinto. We strive to employ local people, buy local products and engage local services – especially from Indigenous, small and regional businesses.
We are working hard to improve our approach to Indigenous business development and engagement in Australia, and while there is still more work to do, last year we significantly increased our spend with Indigenous suppliers.
We couldn’t do what we do without our local supplier partners and having good relationships with them helps us find better ways to provide the materials the world needs and innovate to decarbonise our operations.”
Rio Tinto engages with more than 20,000 suppliers globally.
In 2022, Rio Tinto increased its global spend with suppliers to US$22.5 billion, up from US$19.8 billion in 2021.
Latest News
Metso expansion in Antofagasta elevates support for Chilean mining
(Posted on 15/08/25)Metso has completed the expansion of its service centre in Antofagasta, Chile, reinforcing its ability... Read more
Alcoa explores feasibility of gallium critical mineral production in WA
(Posted on 11/08/25)Alcoa of Australia Limited, a wholly-owned subsidiary of Alcoa Corporation has announced a Joint Development... Read more
Rio Tinto releases new tailings facilities disclosure
(Posted on 11/08/25)Rio Tinto has published detailed information on its global tailings facilities, in alignment with the... Read more
NGFA applauds Senate confirmation of Lindberg as USDA trade undersecretary
(Posted on 04/08/25)The National Grain and Feed Association (NGFA) has commended the U.S. Senate for confirming Luke... Read more
Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil
(Posted on 04/08/25)Cargill, one of the world’s leading food providers, continues to advance its growth strategy in... Read more
Resilient financial results as Rio Tinto grows and diversifies
(Posted on 30/07/25)Rio Tinto has announced a 6% production year-on-year uplift, thereby delivering on strategy through... Read more
K-SURE and Trafigura $200m financing agreement to support Korean shipping
(Posted on 30/07/25)The Korea Trade Insurance Corporation (K-SURE) and Trafigura, a global leader in the commodities industry... Read more
BHP record copper and iron ore production drives strong 2025 performance
(Posted on 21/07/25)BHP have released their Operational Review for the year ended 30 June 2025.BHP Chief Executive Officer... Read more
Dynamic Mining shipping arm and GeoServe’s one-year milestone
(Posted on 15/07/25)A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy... Read more
SSAB and Metal Solutions start partnership in fossil-free steel
(Posted on 15/07/25)SSAB and Metal Solutions have entered a long-term partnership for the supply of decarbonized steel with... Read more
