The Queensland resources sector has splashed an increasing amount of cash on local suppliers in recent years, with local expenditure rising $4 billion from 2019 to 2020.
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BHP throws lifeline to mining supply chain
BHP will reduce payment terms for small, local and Indigenous businesses to support communities around Australia during the COVID-19 pandemic.
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BHP pivots to a supply chain of shared value
BHP is continuing to change and improve the way it works with the mining supply chain. But there is a catch.
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What does BHP look for in a supplier?
For suppliers, partnering with a company like BHP is the ultimate goal. And now, BHP’s group procurement officer Sundeep Singh has revealed what it takes to be a supplier for the company.
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Anglo American confirms 30-day payment terms for suppliers
Anglo American is formally moving to a 30-day payment policy for small- and medium-sized businesses in Australia.
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BHP makes 30-day payment terms standard for local suppliers
BHP has changed its procurement policies, extending preferred payment terms of 30 days to all Australian businesses in local areas.
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Queensland mining suppliers call for return to fairer payment terms
Seven regional Queensland industry groups and economic development bodies have requested major mining houses review their payment terms for suppliers.
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Caltex Australia and BP win procurement and supplier awards
Caltex Australia and BP have been recognised for their innovative procurement and sourcing programs, netting two major awards at the 2016 CPO of the Year award.
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Rio Tinto retreats on payment extensions
Rio Tinto to answer for 90-day payment regime
Rio Tinto’s doubling of their stated payment time has drawn attention from state and federal government, and may elicit a legislative response.
Earlier this week Rio Tinto CEO Sam Walsh announced the
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Rio Tinto suppliers to wait up to 120 days for payment
Mining supplier satisfaction levels rising
New reports show miners’ satisfaction levels have risen since the beginning of 2014.
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Businesses prepare for next stage of Queensland’s LNG boom
As the construction phase for the Curtis Island LNG projects winds up, local businesses are being schooled on how to diversify in order to gain work in the second phase of the gas boom.
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Glencore’s upgraded export berth a boon for local suppliers
Glencore says the development of Berth 8 at the Port of Townsville has injected more than $20 million into the North Queensland economy.
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Price is king when it comes to miner/supplier relationship
While a recent mining industry suppliers conference heard there is still an abundance of opportunities for businesses in the sector, the overriding message of the day was the value-add they could offer resource companies.
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Wind-up order levelled at Gujarat by mine service provider
A company that has provided Gujarat NRE with underground mining service work has applied to have the company wound-up in a move aimed at recovering the money owed to it.
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