Minehub Technologies Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Minehub Technologies Inc
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MineHub Well-Positioned for Scalable Growth as Platform Processes Close to $15 Billion in Copper and Aluminum Transactions
MineHub's digital platform connects over 198 companies, enhancing operational efficiency and collaboration, resulting in major savings and reduced processing times. With a volume-linked revenue model, it processed $14.7 billion in transactions, supporting the growing non-ferrous metals market.
MineHub Introduces Document Upload Automation for Efficient Supply Chains
MineHub Technologies has launched a Document Uploader feature to automate and streamline document management in the commodity supply chain. This tool improves operational efficiency by reducing manual errors, speeding up responses to disruptions, and modernizing document sharing processes.
MineHub Strengthens Metals Supply Chains with Digital Solutions amid Evolving Trade Policies and Tariff Situations
MineHub Technologies provides a digital platform to help metals and mining companies manage supply chain disruptions caused by evolving trade policies and tariffs. Their solutions enhance transparency, collaboration, and risk management, allowing companies to adapt and maintain competitiveness amidst uncertainties.
MineHub's 2024 Annual Update and Strategic Outlook for 2025
MineHub Technologies Inc. showcased strong growth in 2024 by expanding its global presence, onboarding key partners like Codelco, and enhancing its digital supply chain platform. Strategic partnerships and customer growth position the company for significant future expansion.
MineHub Announces Closing of Strategic Partnership with Abaxx Technologies
MineHub Technologies Inc. has completed a strategic partnership with Abaxx Technologies, increasing Abaxx's ownership in MineHub from 10.83% to 19.87% through a share exchange. The transaction involved the issuance of common shares and is classified as a related party transaction.
MineHub Reports Third Quarter Financial Results
MineHub's revenue rose 19% year-over-year, with customers transacting $11.5 billion in commodities in FY 2025, reflecting strong engagement. Abaxx Technologies plans to increase its stake to 19.99%. MineHub focuses on expanding into Asian markets and digital innovation.
MineHub to Host Third Quarter Financial Results Webinar on December 19, 2024
MineHub Technologies Inc. will release its Q3 financial results on December 18, 2024, and host an investor webinar on December 19 at 9:00 am PT. The webinar will feature CEO Andrea Aranguren and CFO Monika Russell discussing results and company outlook.
MineHub Signs Definitive Agreement with Abaxx
MineHub Technologies and Abaxx Technologies have signed an agreement for Abaxx to increase its ownership in MineHub from 10.83% to 19.99% by acquiring 8.81 million shares for $3.08 million or 237,192 shares of Abaxx, pending regulatory approvals and closing conditions.
MineHub Partners with CargoGo a Leading Chinese Visibility Platform
MineHub Technologies has partnered with Elane Technology, owner of CargoGo, to improve shipment tracking capabilities in Asian commodity markets. The partnership will integrate MineHub's cloud platform with CargoGo's advanced logistics solutions, allowing for secure data sharing between the two platforms and enhanced shipment tracking. This collaboration enables MineHub to access Asia's dynamic metals market, particularly significant as China's sector grew by 10.8% in H1 2024. Elane, with over 20 years of shipping and logistics data experience, provides a robust technology infrastructure, including global satellite data access.
Abaxx to Increase Strategic Ownership in MineHub to 19.99%
MineHub Technologies Inc. and Abaxx Technologies Inc. have announced their intent to increase Abaxx's strategic ownership in MineHub from 10.83% to 19.99%. Abaxx will acquire over 8 million MineHub common shares at $0.35 per share, in exchange for over $3 million in cash or the issuance of over 237,000 Abaxx common shares. The two companies aim to explore commercial and product collaboration opportunities, focusing on data integration, entry into commodities markets, secure communication tools, sustainability requirements, efficient hedging, and regulatory compliance. The deal will close on or before December 31, 2024, subject to conditions, including TSX Venture Exchange approval.
MineHub Launches Assay Exchange Dashboard to Revolutionize Concentrates Management
MineHub Technologies has introduced its Assay Exchange Dashboard, a tool designed to help mining companies optimize their concentrates operations through real-time, data-driven decisions. The Dashboard provides a detailed overview of concentrates deals, including shipment tracking and assay workflow status. It draws on external data from labs and other third-party sources, allowing users to manage the assay exchange process effectively. The tool is expected to streamline operations and reduce assay exchange times by up to 10 days. It also provides insights to help customers improve their concentrates business strategies.
