Supply Chain
MMG sources goods and services through a global supply chain to satisfy the requirements of our operating sites and functions.
We purchase goods and services related predominantly to site and mining services, energy, logistics and activities associated with fixed plant and mobile assets in accordance with our Responsible Mineral Production and Sourcing Policy. We assess suppliers throughout the contracting process to ensure they are aligned with MMG’s Code of Conduct and other relevant policies and procedures. This is also managed through our contract management practices.
Supply chain management
Strong and effective supplier partnerships are essential to realising our vision and aligning with our values. We seek to work with safe, environmentally and socially aware and responsible organisations.
In our supplier engagement and contract award process, we undertake a comprehensive assessment across a range of criteria including commercial, quality and technical capabilities. When selecting suppliers, we also assess a range of non-financial criteria including health and safety management and performance, environmental management, local capability training, social contribution and commitment to local employment.
As part of our supplier engagement process, we also seek formal agreement from suppliers to comply with our Code of Conduct and Anti-Corruption policies as well as other relevant Company standards, policies and procedures, including those related to human rights, health and safety and the environment.
Supply Chain and Local Development
The provision of goods and services across our operations is helping local suppliers to develop sustainable businesses. Where possible, we source from providers who meet our key selection criteria in safety, environment, quality, technical expertise, social responsibility and commercial viability. Where gaps are identified, we aid our suppliers in taking up future opportunities to grow their businesses and expand their offering to customers beyond MMG.
The Company’s supplier engagement and contract award process includes a comprehensive assessment across a range of criteria, including commercial, social, safety, environmental, human rights, quality and technical capabilities. As part of the supplier selection process, we also evaluate a range of non-financial criteria related to supporting sustainable development in the regions where we work, including local community training and commitment to local employment.
As part of our supplier engagement process, the Company seeks formal agreement from suppliers to comply with the Supplier Code of Conduct and Anti-Corruption Framework as well as all relevant Company standards, policies and procedures, including the Supply, Fatal Risk Management, Human Rights, Social Performance and Safety, Security, Health and Environment (SSHE) Performance Standards. In 2024, the Company regularly reviewed and reported on agreed contract performance measures, as well as identified and actioned improvement opportunities.
In 2024:
- 87.8% of procurement spend occurred in host countries
- ESG screening and Supplier Code of Conduct applied to all vendors
- Local small and medium-sized businesses supported through mentoring and capacity-building programs
Modern Slavery
In 2018, the Australian Government introduced the Modern Slavery Act 2018 (Cth), which requires businesses to report annually, from 2020, on the risks of modern slavery in their operations and supply chains. They must also report the action they have taken to assess and address those risks – as well as the effectiveness of their response.
MMG has been undertaking a company-wide modern slavery assessment and is implementing a series of controls to ensure we have systems in place to prevent the presence of modern slavery in our supply chains particularly via our due diligence processes. As part of this, suppliers may be required to complete a questionnaire prior to, or during, any engagements with MMG that asks directly for information relating to, among other things, their human rights record and their own controls to prevent modern slavery. We have also developed and released our new MMG Supplier Code of Conduct, which our suppliers will be required to meet.
MMG released its first Modern Slavery Statement in June 2021. Copies of MMG’s Modern Slavery Statements are available here.