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MineHub (TSXV: MHUB; OTCQB: MHUBF) signed a Memorandum of Understanding with a Singapore-based digital matching platform to develop an integrated end-to-end solution for physical iron ore trading, from execution through Letter of Credit settlement.
The collaboration aims to digitize workflows, reduce manual documentation, improve operational efficiency, enable earlier financing via connected transactional data, and expand MineHub's platform beyond copper and aluminum into iron ore. Parties are working to finalize a commercial agreement to operationalize the solution.
MineHub (TSXV: MHUB; OTCQB: MHUBF) ha firmato un Memorandum of Understanding con una piattaforma di abbinamento digitale con sede a Singapore per sviluppare una soluzione integrata end-to-end per il commercio fisico di minerale di ferro, dall'esecuzione al regolamento della Lettera di Credito.
La collaborazione punta a digitalizzare i flussi di lavoro, ridurre la documentazione manuale, migliorare l'efficienza operativa, consentire un finanziamento anticipato tramite dati transazionali collegati e ampliare la piattaforma MineHub oltre rame e alluminio al minerale di ferro. Le parti stanno lavorando per finalizzare un accordo commerciale per rendere operativo la soluzione.
MineHub (TSXV: MHUB; OTCQB: MHUBF) firmó un Acuerdo de Entendimiento con una plataforma de emparejamiento digital con sede en Singapur para desarrollar una solución integrada de extremo a extremo para el comercio físico de mineral de hierro, desde la ejecución hasta la liquidación de la Carta de Crédito.
La colaboración tiene como objetivo digitalizar los flujos de trabajo, reducir la documentación manual, mejorar la eficiencia operativa, permitir un financiamiento más temprano mediante datos transaccionales conectados y ampliar la plataforma de MineHub más allá del cobre y el aluminio hacia el mineral de hierro. Las partes están trabajando para finalizar un acuerdo comercial para operacionalizar la solución.
MineHub (TSXV: MHUB; OTCQB: MHUBF)가 싱가포르에 본사를 둔 디지털 매칭 플랫폼과 양해각서를 체결하여 물리적 철광석 거래를 위한 실행에서 신용장 결제까지의 엔드 투 엔드 통합 솔루션을 개발합니다.
협력은 워크플로를 디지털화하고 수동 문서를 줄이며 운영 효율성을 개선하고 연결된 거래 데이터를 통해 조기에 자금을 조달할 수 있게 하며 구리와 알루미늄을 넘어 철광석으로 MineHub 플랫폼을 확장하는 것을 목표로 합니다. 양당사자는 솔루션을 운영화하기 위한 상업적 합의를 최종화하기 위해 노력하고 있습니다.
MineHub (TSXV : MHUB ; OTCQB : MHUBF) a signé un Protocole d'accord avec une plateforme de mise en correspondance numérique basée à Singapour pour développer une solution intégrée de bout en bout pour le commerce physique de minerai de fer, de l'exécution au règlement par lettre de crédit.
La collaboration vise à numériser les flux de travail, réduire la documentation manuelle, améliorer l'efficacité opérationnelle, permettre un financement anticipé via des données transactionnelles connectées et étendre la plateforme MineHub au-delà du cuivre et de l'aluminium vers le minerai de fer. Les parties travaillent à finaliser un accord commercial afin de mettre en œuvre la solution.
MineHub (TSXV: MHUB; OTCQB: MHUBF) hat eine Absichtserklärung mit einer in Singapur ansässigen digitalen Matching-Plattform unterzeichnet, um eine integrierte End-to-End-Lösung für den physischen Eisenerzhandel zu entwickeln, von der Ausführung bis zur Abwicklung der Akkreditivzahlung.
Die Zusammenarbeit zielt darauf ab, Arbeitsabläufe zu digitalisieren, manuelle Dokumentation zu reduzieren, die operative Effizienz zu verbessern, frühzeitige Finanzierung über verknüpfte Transaktionsdaten zu ermöglichen und MineHubs Plattform über Kupfer und Aluminium hinaus auf Eisenerz auszudehnen. Die Parteien arbeiten daran, eine kommerzielle Vereinbarung abzuschließen, um die Lösung in Betrieb zu nehmen.
وقعت MineHub (TSXV: MHUB؛ OTCQB: MHUBF) مذكرة تفاهم مع منصة مطابقة رقمية مقرها في سنغافورة لتطوير حل متكامل من الطرف إلى الطرف لتجارة خام الحديد المادي، من التنفيذ حتى تسوية خطاب الاعتماد.
تهدف الشراكة إلى ترميز سير العمل وتقليل الوثائق اليدوية وتحسين الكفاءة التشغيلية وتمكين التمويل المبكر عبر البيانات المعاملاتية المتصلة وتوسيع منصة MineHub خارج النحاس والألومنيوم لتشمل خام الحديد. تعمل الأطراف على إنهاء اتفاق تجاري لتشغيل الحل.
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MineHub partners with a Singapore-based company to develop an innovative digital solution for iron ore, unlocking operational efficiencies, risk mitigation, and financing opportunities through integrated trade data.
Expansion into iron ore establishes MineHub as the data hub for critical commodities, aggregating and harmonizing information across trade execution, logistics, and finance.
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, has signed a Memorandum of Understanding with a Singapore-based company operating a digital matching platform that provides an end-to-end solution for physical iron ore trading, from execution through to Letter of Credit settlement.
By eliminating manual documentation bottlenecks, the integrated solution will enhance operational efficiency and unlock greater liquidity and transparency. This collaboration underscores MineHub's strategic expansion into new commodity verticals and reinforces its role as a central hub for digitizing trade execution. MineHub's purpose-built platform for the mining and metals supply chain is becoming the trusted system of record for global commodity trade execution. This expansion into iron ore marks a significant step in the company's mission to digitize and connect the entire mining and metals ecosystem.
Andrea Aranguren, CEO of MineHub, commented: "Iron ore is a critical global commodity, yet its supply chains remain largely manual. This partnership accelerates MineHub's expansion into this market, leveraging our proven platform to digitize workflows end-to-end. By serving as the central hub integrating trade execution, logistics, and financing, we are delivering the infrastructure needed to modernize this sector-just as we've done for copper and aluminum."
Iron Ore Market
As the primary raw material for nearly all steel production globally, iron ore is a raw material essential for construction, automative, and infrastructure development. The iron ore market is expected to grow from
Unlocking Value in Iron Ore Supply Chains
The solution will integrate MineHub's platform with a trade execution platform, trade finance tools, and digital bill of lading providers. As the central portal for data integration, MineHub's Platform will enable:
Operational efficiencies through real-time data-sharing and automation of contract enforcement.
Enhanced risk management via real-time visibility into trade execution and shipment tracking. Multi-party validation for data and automated data capture will also minimize risk for all stakeholders.
More efficient financing by digitally connecting transactional data directly to financiers sooner than is possible during traditional financing processes and by streamlining Letter of Credit management.
MineHub's Singapore-based partner brings connectivity to major iron ore producers, traders and steel mills actively seeking modern digital infrastructure to streamline their operations.
Strategic Expansion and Next Steps
The collaboration aligns with MineHub's focus on broadening its commodity reach and digitizing high-value commodity markets. Iron ore's inclusion on the platform enables MineHub to:
Broaden Market Reach: Serve producers, traders, and buyers adopting digital tools for efficiency and transparency.
Strengthen MineHub's Ecosystem: Position the platform for end-to-end trade execution across diverse commodities.
Create New Revenue Streams: Drive growth through subscriptions and transaction-based models.
The parties are working to finalize a commercial agreement to operationalize the solution.
About MineHub
MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.
Andrea Aranguren
CEO, MineHub Technologies Inc.
For further information regarding MineHub, please email info@minehub.com or visit our website at www.minehub.com. Tel: (778) 373-3747
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains statements that are considered "forward-looking information" within the meaning of applicable Canadian securities legislation ("forward-looking statements") with respect to MineHub including, but not limited to, statements with respect to MineHub's future operational plans, the timing of such plans and anticipated customers. Forward-looking statements are statements that are not historical facts are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although MineHub believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company's ability to raise sufficient capital to fund its operations, applications and for general working capital purposes, changes in economic conditions or financial markets, changes in laws or regulations that could have an impact on the Company's operations, dependence on its key management personnel and market competition. Other risk factors are identified in the Company's management discussion and analysis, available on the Company's SEDAR+ profile at www.sedarplus.ca. There may be other risk factors not presently known that management believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. Although the Company has attempted to identify risk factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. The forward-looking information is made as of the date included herein, and the Company assumes no obligation to publicly update or revise such forward-looking information. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of MineHub's management on the date the statements are made. However, except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266641
FAQ
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