| LME finds bags of stones instead of nickel in metal warehouse. (Financial Times, March 17 2023)
Copper worth nearly half a billion dollars goes missing in China. (Mining.com, August 4 2022)
Why Metals Keep Going Missing in Commodity Trading. (Bloomberg, March 24 2023)
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| According to that Bloomberg article, “The sector’s reliance on paperwork to back the shipment and storage of expensive cargoes makes it an easy target for wrongdoing.”
Bottom line: It’s time for the $11 trillion commodities industry to enter the digital age.
And not just because commodities keep going missing.
But also because in this age of decarbonization and electric vehicles, companies, governments, and consumers are going to want lifecycle data on where these metals are coming from and how they are produced.
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| This is where private digital titles come in — and where MineHub Technologies (MHUB.V; MHUBF.OTC) has become the leader in the massive, trillion-dollar global supply chain.
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| At first glance, it seems to be a complicated story. But it boils down to this: A small, nimble company combined with a massive market and invaluable technology...equals huge potential.
And it’s all happening now...
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| Solving Mining's Supply Chain Woes
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| Simply put, MineHub streamlines commodity supply chains with digital solutions.
Although it’s still at an early stage, the company has already partnered with some of the largest players involved in mining, refining, storing, transporting, and trading multiple commodities.
Founded in 2018 with syndicate members including Gold Corp, ING Bank and Wheaton Precious Metals, the company partnered with IBM in 2019 to develop the MineHub platform. Since then, it has commercially collaborated with:
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| • BHP (The largest mining company in the world by market cap)
• Sumitomo (One of the largest global trading companies)
• Southwire (#1 cable and wire producer in North America)
• Superior Essex (#1 magnet wire producer in North America)
• Port Panama City (#1 metals port in North America)
• Perennial (#1 aluminum distributor in North America)
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| The platform — or Hub — connects the many parties involved in a physical commodity transaction via a digitally integrated workflow, operating on the basis of shared information.
MineHub generates revenue from subscription fees for the platform, usage fees for the enterprise applications and revenue share agreements.
And here’s where it gets interesting....
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| Growing Revenues, And A Big Partner
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| MineHub is now reaching critical mass in a number of areas.
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| Just as revenues have been rising, the company has announced a deal with Abaxx Technologies (a billion-dollar-market cap company) to apply Abaxx’s Private Digital Title technology to in-transit metals, turning cargo itself into collateral.
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| This collaboration promises to modernize collateralization, reduce risk and unleash new liquidity across global commodity markets.
This is more than just partnership news. Abaxx already owns 19% of MineHub — and the reality is Abaxx can’t do what it’s promising in traceable, physically-backed commodity contracts without MineHub’s data and platform.
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| That makes MineHub both the enabler and the likely suitor’s target.
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| Everything is coming together at this very moment, which makes the two videos presented here so timely and important.
Click on the links below to watch MineHub CEO Andrea Aranguren interviewed by Making Money Matter’s Kerry Stevenson and Resource Stock Digest’s Gerardo Del Real, and renowned resource newsletter writer Nick Hodge discussing this transformational mining company.
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| CLICK HERE
To Watch
Top Newsletter Writer Nick Hodge's
Thoughts On MineHub
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| CLICK HERE
To Watch
Kerry Stevenson Explain MineHub’s Unique Potential
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| CLICK HERE
To Watch
Gerardo Del Real interview
MineHub CEO
Andrea Aranguren
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