ESG considerations and shipping disruptions caused by the COVID-19 pandemic have placed increased importance on being able to source essential equipment locally.
While the COVID-19 pandemic has amplified its importance, local procurement for mining equipment and services has become an increasing priority for companies looking to simplify their supply chains, better conform with environmental
regulations and potentially lower procurement costs.
In July, an international mining consulting SRK Consulting announced that it would be formating a partnership with Mining Shared Value, a Canadian initiative that promotes local procurement in the mining industry to enhance SRK's
expertise and improve local procurement opportunities for companies, a need it was seeing from more and more of its clients.
"A concept-level local supply chain analysis has always been included in SRK led pre-feasibility and feasibility studies," Lisl Fair, sustainability principal consultant at SRK, told CIM Magazine.
Read the full article in the CIM Magazine.
