The Mining and Metals On-line Procurement Marketplace, recently launched by 14 major mining companies, has named its interim chief executive officer.
Tracy Stevenson will work with Andersen Consulting and a 35-member management team in Los Angeles, Calif., to design, build and launch the new enterprise.
The next priority will be to find an e-commerce business-to-business provider to establish a network of buyers and sellers. The on-line marketplace will then be in a position to begin transactions.
Stevenson previously served as an executive vice-president of Comalco, an Australian-based primary aluminum company owned by Rio Tinto.
He graduated with a bachelor of science in accounting from the University of Utah and is a member of the Westminster College board of directors and the American Institute of Certified Public Accountants. He is also on the national advisory board at the University of Utah’s David Eccles School of Business.
The on-line procurement marketplace is designed to bring together producers and suppliers in more than 100 countries. Users will have easier access to equipment-manufacturers and suppliers, and transactions are expected to be more streamlined.
Shareholders in the venture include Alcan Aluminum, Alcoa, Anglo American, Barrick Gold, Broken Hill Proprietary, Compania Nacional del Cobre de Chile (Codelco), Companhia Vale do Rio Doce (CVRD), De Beers Consolidated Mines, Inco, Newmont Mining, Noranda, Phelps Dodge, Rio Tinto and WMC.
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