Rio Tinto Buy Local, Western Australia
We work to maximise the benefits our company and its work delivers to the communities that host us.
By partnering with local suppliers, we can stimulate local economies and help local businesses grow and prosper.
We are committed to maximising opportunities for Western Australian businesses to be part of our supply chain. We want to make it easier for local suppliers to compete for contracts and, in turn, maximise local economic benefits. This includes helping strengthen the capability of local industry, so businesses can be more competitive in the procurement process.
Rio Tinto Buy Local is designed to help local Western Australian businesses to bid for work with us by:
- Giving visibility of upcoming work opportunities and enabling suppliers to register interest through the Rio Tinto Buy Local portal
- Providing a dedicated team to support local suppliers through our procurement processes
- Supporting the delivery of capability building programmes to strengthen and grow local businesses
- Offering adjusted payment terms for Australian small businesses
The Rio Tinto Buy Local includes more information and outlines opportunities for local businesses.
We know it is important small businesses are paid in a timely manner. We offer small Australian suppliers shorter payment terms to ensure they are paid within 20 days of receipt of a valid invoice.
These payment terms apply to businesses who supply up to A$1 million of goods and services to Rio Tinto, or those with an annual turnover up to A$10 million.
Shorter payment terms, and ongoing work to simplify and systemise our procurement processes, reflect a commitment to improve our partnership with suppliers.
If you require additional information specifically on our payment terms policy, email us at email@example.com.