QMEB ยป Qld mines made three quarters of purchases locally says report
Latest News Local Procurement Supply Chain News

Qld mines made three quarters of purchases locally says report

Peak Downs mine
Coal mine

Resources operations procured the vast majority of goods and services within the Sunshine State, industry sources revealed.

Queensland mines made 77 per cent of purchases locally during the 2022 financial year. This equates to a $26.8 billion investment according to the Queensland Resources Council’s (QRC’s) latest local content report.

However the result is lower than fiscal 2021’s 82 per cent result, representing a 3 per cent drop in supply chain expenditure.

“Local suppliers are absolutely critical to the long-term success of the resources sector because they understand our needs and can collaborate with companies on improvements, often at lower cost than other suppliers,” QRC chief executive Ian Macfarlane said in a public statement.

“Using local suppliers reduces transport costs, minimises greenhouse gas emissions and offers better supply chain resilience, which we have seen the value of during periods of global disruption due to the pandemic.”

Click here to read the full local content report.

Supply chain sustainability is possible through AI says multinational
Procurement should transcend cost savings and unlock value
Contract awarded for mining infrastructure project
Procurement process probed for being ‘too hard’.

Add Comment

Click here to post a comment