MineHub Technologies Inc. (MHUB.v MHUBF) is having a good day on the TSXV, up almost 12% currently
With inflation becoming a bigger and bigger problem for businesses within and outside of the mining industry, preventing supply chain breakdowns is more important than ever.
MHUB's tech digitizes the paper ledger systems that are often still used in the mining industry to prevent breakdowns. The company ensures safety and security by using secure blockchain technology.
MHUB recently transitioned into a revenue-generating company by signing a commercial agreement with BHP (the world's largest resources company).
As a subscriber to MHUB's platform, BHP will:
- Gain improved visibility into their supply chains
- Gain access to real-time data
- Be able to verify compliance with ESG policies (including trade regulations)
- & more
With this new subscription, MHUB plans to make additional commercial agreements with large industrial companies in 2022, with a specific focus on growing within the copper industry and in China's iron ore industry.
More here: https://ca.finance.yahoo.com/news/minehub-bhp-enter-commercial-agreement-110000865.html