Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions secure. The Company is primarily focused on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition.

NEO:ABXX - Post by User

Abaxx Technologies Inc

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Post by 4nolanon Dec 04, 2011 10:43pm

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Post# 19291044

Small scale mining in China

Interfax-China reported that about half of China iron ore miners – mainly small and medium-sized firms – have suspended production in the face of dwindling profit margins due to the low price of imported ore.

Zhao Peng industry consultant told Interfax iron ore grading 66%in Tangshan is priced around CNY 950 per ton at present, but domestic miners need a price of about CNY 1,000 to break even.

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