Suppliers help OZ cut costs

OZ MINERALS has cut about $20 million in annual costs and says it is targeting another $25 million, with supplier contracts and internal productivity to deliver the goods.

Suppliers help OZ cut costs Suppliers help OZ cut costs Suppliers help OZ cut costs Suppliers help OZ cut costs Suppliers help OZ cut costs

The savings form part of a strategy launched last year, with initial cuts focused on supplier and corporate contract renegotiations, production efficiency and a 2016 salary freeze for all employees.

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