Northern Minerals Selects Accenture to Provide Capital Project Management and Procurement Process Services
11 November 2014 - 10:03AM
Business Wire
Accenture (NYSE:ACN) today announced it has been selected by
Northern Minerals Limited (ASX:NTU) to provide capital project
management and procurement business process services to help the
company achieve full visibility of its performance against its plan
and budget for the Browns Range Project Feasibility Study.
Under the terms of the agreement, Accenture will collaborate
with Northern Minerals to establish capital project services
including integrated planning, more accurate estimating and cost
control, document control and risk management. Accenture will also
use its business process expertise, advanced analytics tools and
the extensive delivery capabilities of its Global Delivery Network
to help Northern Minerals standardize controls, improve
transparency and achieve scale within the company’s operations.
By leveraging Accenture’s capabilities and assets, Northern
Minerals will be able to immediately access resources and services
that will enable it to become more agile and responsive in its
project delivery.
“Accenture has teamed with Northern Minerals during the
feasibility study stage to ensure the company can achieve the
scale, accuracy and agility required for the next phase of the
project,” said Nigel Court, managing director of Accenture’s mining
business in Asia Pacific. “Using Accenture’s capital project and
procurement services, small-scale miners can take greater advantage
of the benefits associated with shared services opportunities.”
Northern Minerals selected Accenture based on its proven track
record in helping companies drive improvements in the planning and
delivery of capital projects, as well as generate efficiencies in
procurement services.
“As we undertake the feasibility study into the Browns Range
Project, it is critical that we are able to access deep
capabilities and skills to achieve scale, certainty and control
over costs and schedules,” said George Bauk, Northern Minerals
Managing Director/CEO. “This agreement with Accenture will ensure
we are positioned to become the next dysprosium producer of
significance.”
Accenture will leverage capabilities from Procurian, a provider
of procurement services acquired by Accenture in December 2013, to
provide business process services in procurement analytics and
procurement operations, as well as indirect spend, to reduce cost,
improve compliance and operational quality and enhance supplier
analytics.
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company, with more than 305,000 people serving
clients in more than 120 countries. Combining unparalleled
experience, comprehensive capabilities across all industries and
business functions, and extensive research on the world’s most
successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The
company generated net revenues of US$30.0 billion for the
fiscal year ended Aug. 31, 2014. Its home page is
www.accenture.com.
About Northern Minerals
Northern Minerals Limited (ASX:NTU) is focussed on the becoming
a globally significant producer of the heavy rare earth (HRE),
dysprosium. NTU has large landholding in Western Australia and, the
Northern Territory that is highly prospective for this element.
NTU’s flagship project is the Browns Range Project (the Project),
where it has a number of deposits and prospects containing high
value dysprosium and other HREs, hosted in xenotime mineralisation.
Dysprosium is an essential ingredient in the production of NdFeB
(neodymium iron-boron) magnets used in clean energy and high
technology solutions. As result of increasing global demand for
these applications dysprosium supply is critical. The Project’s
xenotime mineralisation facilitates the use of a relatively simple
and cost effective processing flowsheet to produce a high grade
dysprosium rich mixed rare earth oxide. Exploration is also
underway at the geologically similar John Galt and Boulder Ridge
projects. For more information: www.northernminerals.com.au.
Accenture AustraliaGeorgia Hewett+61 2 9005 5523+61 417 699
567georgia.hewett@accenture.comorAccentureJustyna Devraj+44 20 7844
0090+44 750 012 4567justyna.devraj@accenture.com
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