Corporate Update Released With supply chains never in a worse position than now, it’s essential for companies to ensure that they’re maximizing efficiency with low-cost methods, as one delay could cost thousands. MineHub, a company aiming to help ease the supply chain issue, just released a corporate update to go over many of the recent developments and what to look for going into the rest of 2022.
- Platform Development: Made upgrades to the Assay Exchange application based on feedback from copper industry giants, released a container-logistics solution, enhanced ESG functionality, and they increased the automation around onboarding which has significantly reduced the setup time for new customers.
- Company Development: Moved critical technology and engineering capacity in-house and reduced costs on external IT. They improved commercial and customer success capacity, strengthened the team in China (one of their largest markets), expanded their footprint in Brazil and Chile, and appointed Oswald Kuyler to the advisory board.
- Customers and Partners (Published): Partnership with Sumitomo Corporation, hosted the first copper concentrate transaction involving BHP, China Minmetals and Zijin Mining utilizing the ESG and Assay Exchange programs, completed the first shipment of iron ore between Roy Hill and Xiamen C&D
- New partnerships include Kimura capital for the development of a trade finance syndication platform, Coriolis Technologies helps provide independent ESG scoring of market participants, Tradewaltz, which is assisting in digitalizing trade processes in Japan, and the Chinese TradeGo.
Check it out here: https://ca.finance.yahoo.com/news/minehub-corporate-120000091.html
$MHUB.V has so many plans to continue its expansion in the coming year. With further application and platform roll-outs coupled with the value in connecting supply chains, $MHUB.V expects to begin revenue scaling this year. I'm excited to see them scale and move out of the R&D phase. The future looks very bright for $MHUB.V as they move into the next stage.