Sailors SocietyViganTBA GroupVan AalstGeneva DryPort of Stockton
  • TBA Group
  • Bühler GmbH
  • Vigan
  • Telestack
  • Geneva Dry
  • Cimbria

Rio Tinto spends over A$15.3 bn with Australian suppliers

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

Rio Tinto spends more than A$16.1 billion with Australian suppliers

(Posted on 15/04/24)

Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion... Read more


Cargill increases its renewable energy capacity by more than 40%

(Posted on 15/04/24)

Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new... Read more


Agreement to set up KEZAD steel recycling and production facility

(Posted on 29/03/24)

The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones... Read more


Senate legislation includes phosphate and potash as critical minerals

(Posted on 25/03/24)

The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more


Agribusiness expert’s legacy and optimism for GrainCorp’s future

(Posted on 18/03/24)

Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more


Research offers Rotterdam guidelines for raw material transition

(Posted on 15/03/24)

Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more


Bunge Chevron Ag Renewables to build Louisiana processing plant

(Posted on 10/03/24)

Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge... Read more


Funding to decarbonise iron ore processing in Labrador West

(Posted on 29/02/24)

The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto&rsquo... Read more


Australia’s biggest renewables deal to repower Gladstone aluminium operations

(Posted on 22/02/24)

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply... Read more


BHP half year results released

(Posted on 22/02/24)

Mike Henry, Chief Executive Officer, reviewed the Company's operating and financial performance:&ldquo... Read more


Port of South LouisianaTelestackBühler GmbHCimbriaTMS Awards 2023
  • Port of South Louisiana
  • Sailors Society
  • Van Aalst

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping