MineHub Signs First Chinese Smelter as Platform User
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) has signed an agreement with its first Chinese smelting company to use MineHub's Trade Management Platform. This marks a significant milestone in the company's expansion into the Chinese copper market, which represents approximately 57% of global copper consumption and accounts for nearly 8.7 million metric tons of copper demand.
The unnamed smelter will benefit from heightened visibility, traceability, and operational efficiencies through MineHub's digital contract management, real-time shipment visibility, and document management functionality. This partnership validates the high level of security and adaptability of the MineHub platform, which is SOC II-Type 2 certified.
The smelter plans to integrate its refined copper business onto the MineHub platform, starting with a key supplier in Asia, highlighting the growing commitment of Chinese companies to leverage digital solutions for optimizing operations and enhancing efficiency.
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ha firmato un accordo con la sua prima azienda cinese di fusione per utilizzare la piattaforma di gestione commerciale di MineHub. Questo segna una tappa significativa nell'espansione dell'azienda nel mercato cinese del rame, che rappresenta circa il 57% del consumo globale di rame e conta quasi 8,7 milioni di tonnellate metriche di domanda di rame.
Il fonderia non nominata avrà vantaggi da una maggiore visibilità, tracciabilità ed efficienze operative grazie alla gestione dei contratti digitali di MineHub, alla visibilità in tempo reale delle spedizioni e alla funzionalità di gestione dei documenti. Questa partnership convalida l'elevato livello di sicurezza e adattabilità della piattaforma MineHub, che è certificata SOC II-Tipo 2.
La fonderia prevede di integrare il suo business del rame raffinato sulla piattaforma MineHub, iniziando con un fornitore chiave in Asia, evidenziando il crescente impegno delle aziende cinesi nell'utilizzare soluzioni digitali per ottimizzare le operazioni e migliorare l'efficienza.
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ha firmado un acuerdo con su primera empresa de fundición china para utilizar la plataforma de gestión comercial de MineHub. Esto marca un hito significativo en la expansión de la empresa al mercado de cobre chino, que representa aproximadamente el 57% del consumo global de cobre y abarca casi 8,7 millones de toneladas métricas de demanda de cobre.
La fundición no identificada se beneficiará de una mayor visibilidad, trazabilidad y eficiencias operativas a través de la gestión de contratos digitales de MineHub, la visibilidad de los envíos en tiempo real y la funcionalidad de gestión de documentos. Esta asociación valida el alto nivel de seguridad y adaptabilidad de la plataforma MineHub, que está certificada como SOC II Tipo 2.
La fundición planea integrar su negocio de cobre refinado en la plataforma MineHub, comenzando con un proveedor clave en Asia, destacando el creciente compromiso de las empresas chinas para aprovechar soluciones digitales para optimizar operaciones y mejorar la eficiencia.
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF)는 첫 번째 중국 제련소와 계약을 체결했습니다 MineHub의 무역 관리 플랫폼을 사용하기 위해. 이는 회사가 중국 구리 시장으로 확장하는 데 있어 중요한 이정표입니다. 중국은 전 세계 구리 소비의 약 57%를 차지하며, 거의 870만 톤에 달하는 구리 수요를 나타냅니다.
이름이 없는 제련소는 MineHub의 디지털 계약 관리, 실시간 선적 가시성 및 문서 관리 기능을 통해 높은 가시성, 추적 가능성 및 운영 효율성을 얻을 것입니다. 이 파트너십은 SOC II 유형 2 인증을 받은 MineHub 플랫폼의 높은 보안성과 적응성을 확인시켜줍니다.
제련소는 정제된 구리 사업을 MineHub 플랫폼에 통합할 계획입니다, 아시아의 주요 공급업체와 함께 시작하여 디지털 솔루션을 활용하여 운영을 최적화하고 효율성을 향상시키려는 중국 기업들의 증가하는 의지를 강조합니다.
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) a signé un accord avec sa première entreprise de fonderie chinoise pour utiliser la plateforme de gestion commerciale de MineHub. Ceci marque une étape importante dans l'expansion de l'entreprise sur le marché du cuivre chinois, qui représente environ 57 % de la consommation mondiale de cuivre et environ 8,7 millions de tonnes métriques de demande de cuivre.
La fonderie non identifiée bénéficiera de visibilité accrue, traçabilité et efficience opérationnelle grâce à la gestion des contrats numériques de MineHub, à la visibilité des expéditions en temps réel et à la fonctionnalité de gestion des documents. Ce partenariat valide le niveau élevé de sécurité et d'adaptabilité de la plateforme MineHub, qui est certifiée SOC II-Type 2.
La fonderie prévoit de intégrer son activité de cuivre raffiné sur la plateforme MineHub, en commençant par un fournisseur clé en Asie, soulignant l'engagement croissant des entreprises chinoises à tirer parti des solutions numériques pour optimiser les opérations et améliorer l'efficacité.
MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) hat einen Vertrag mit seinem ersten chinesischen Schmelzunternehmen unterzeichnet, um MineHubs Handelsmanagement-Plattform zu nutzen. Dies stellt einen bedeutenden Meilenstein bei der Expansion des Unternehmens in den chinesischen Kupfermarkt dar, der etwa 57 % des weltweiten Kupferverbrauchs ausmacht und fast 8,7 Millionen metrische Tonnen Kupferbedarf entspricht.
Das nicht benannte Werk wird von erhöhter Sichtbarkeit, Rückverfolgbarkeit und Betriebseffizienz profitieren, die durch MineHubs digitales Vertragsmanagement, die Echtzeit-Transparenz von Sendungen und die Dokumentenmanagement-Funktionalität bereitgestellt werden. Diese Partnerschaft bestätigt das hohe Sicherheits- und Anpassungsniveau der MineHub-Plattform, die nach SOC II-Typ 2 zertifiziert ist.
Die Schmelze plant, ihr Raffinierungsgeschäft für Kupfer in die MineHub-Plattform zu integrieren, beginnend mit einem wichtigen Lieferanten in Asien, was das wachsende Engagement chinesischer Unternehmen verdeutlicht, digitale Lösungen zur Optimierung von Abläufen und zur Verbesserung der Effizienz zu nutzen.
- Signed agreement with first Chinese smelting company, expanding into the world's largest copper market
- Validation of MineHub's platform security and adaptability, meeting high data security standards
- Potential for increased market penetration in China's copper industry
- None.
MineHub signs agreement with major Chinese smelter for the use of MineHub's Trade Management Platform
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce that it has signed an agreement with its first Chinese smelting company (the "Smelter") as a user of MineHub's Trade Management Platform. This marks an important milestone in the Company's expansion into the Chinese copper market. China is the by far the world's largest consumer of copper, representing approximately
The Smelter, who prefers to remain unnamed at this time, processes, manufactures and distributes copper products. Through MineHub's advanced technology, the Smelter will be benefit from heightened visibility, traceability, and operational efficiencies. Specifically, they will leverage MineHub's digital contract management, real-time shipment visibility, and document management functionality to facilitate their orders and logistical operations with MineHub customers.
Andrea Aranguren, CEO of MineHub, expressed excitement about the new contract, "We are thrilled to onboard our first Chinese smelting company onto the platform. China is a significant target market for MineHub given its scale and importance in commodities markets, and this partnership marks an important step forward in penetrating the Chinese copper market."
Given the Smelter's data security standards, this represents a significant validation of the high level of security and adaptability of the MineHub platform's capabilities. Our cloud-based, secure trade management platform and suite of tools is SOC II-Type 2 certified and regularly tested for vulnerabilities and updates.
The Smelter expects to integrate its refined copper business onto the MineHub platform starting with a key supplier in Asia. This strategic move underscores the growing commitment of Chinese companies to leverage digital solutions for optimizing operations and enhancing efficiency.
About MineHub
MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.
Andrea Aranguren
CEO, MineHub Technologies Inc.
For further information regarding MineHub, please email info@minehub.com or visit our website at www.minehub.com. Tel: (604) 628-5623
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains statements that are considered "forward-looking information" within the meaning of applicable Canadian securities legislation ("forward-looking statements") with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company's management discussion and analysis, available on the Company's SEDAR+ profile at www.sedarplus.ca. There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224591
FAQ
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