Tivani Tier-1 Critical Minerals Project Enters Pre-Construction; HUB Cyber Security Embeds Trust Infrastructure
Rhea-AI Summary
HUB Cyber Security (Nasdaq: HUBC) said a signed term sheet advances its integration with Ferrox on the Tivani Tier-1 Critical Minerals Project, which has entered pre-construction and is fully permitted in Limpopo Province, South Africa.
HUB has begun phased embedding of its Trust Infrastructure into contractor verification, governance and capital sequencing as Tivani targets 2027 production; HUB says integration milestones will align with construction and capital formation sequencing.
Positive
- Tivani entered pre-construction on Feb 27, 2026
- Tivani is described as fully permitted in Limpopo Province
- HUB commenced phased embedding of Trust Infrastructure across verification and governance workflows
- Project targets 2027 commencement of production
Negative
- None.
News Market Reaction – HUBC
On the day this news was published, HUBC gained 29.26%, reflecting a significant positive market reaction. Argus tracked a peak move of +45.4% during that session. Argus tracked a trough of -3.7% from its starting point during tracking. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $776K to the company's valuation, bringing the market cap to $3M at that time. Trading volume was exceptionally heavy at 7.6x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HUBC fell 14.55% while peers were mixed: MCRP up 5.65%, VHC up 6.56%, JG and SNCR slightly down, UBXG flat. This indicates a stock-specific move rather than a sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 17 | Asset acquisition term sheet | Positive | -15.4% | Signed term sheet to acquire 100% of Ferrox and Tivani project. |
| Feb 09 | Product launch | Positive | -2.4% | Launched SecureRide™ trust infrastructure for global rideshare platforms. |
| Feb 04 | Shareholder letter | Positive | +3.1% | CEO outlined strategy for infrastructure, balance sheet resilience and growth. |
| Jan 27 | Nasdaq compliance notice | Negative | +0.0% | Received Nasdaq notice for not meeting US$35M MVLS requirement. |
| Jan 14 | Reverse share split | Negative | -34.8% | Announced 1-for-15 reverse split to support Nasdaq listing compliance. |
Recent history shows sharp negative reactions to strategic or structural announcements, including asset deals and the reverse split, while compliance news had little impact.
Over the past months, HUBC has announced several strategic and structural developments. On Feb 17, 2026, it signed a term sheet to acquire 100% of Ferrox and the Tivani project, with the stock falling 15.38%. A SecureRide™ launch on Feb 9, 2026 and a shareholder letter on Feb 4, 2026 highlighted growth plans, with a modest 3.1% gain after the letter. Nasdaq MVLS non-compliance on Jan 27, 2026 saw no move, while a 1-for-15 reverse split on Jan 14, 2026 coincided with a 34.83% decline. Today’s Tivani integration update follows this sequence of Ferrox-related and governance-focused news.
Market Pulse Summary
The stock surged +29.3% in the session following this news. A strong positive reaction would have aligned with HUBC’s strategy of embedding trust infrastructure into real-world asset workflows, as seen with the Tivani project’s pre-construction phase. Past Ferrox-related news on Feb 17, 2026 saw a 15.38% decline despite strategic intent, and the reverse split on Jan 14, 2026 coincided with a 34.83% drop. Sustainability of any future strength may depend on how investors reassess execution risk and prior dilution concerns.
AI-generated analysis. Not financial advice.
Signed Term Sheet Advances Integration for Fully Permitted Asset Targeting 2027 Production
TEL AVIV, Israel, Feb. 27, 2026 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), announced that the Tivani Tier-1 Critical Minerals Project being undertaken by Ferrox Critical Minerals Ltd. (“Ferrox”) has formally entered its pre-construction stage and that HUB has commenced phased embedding of its Trust Infrastructure across contractor verification, governance and capital sequencing workflows as the Tivani project advances toward its targeted 2027 commencement of production.
The fully permitted Tier-1 Tivani project, located in Limpopo Province, South Africa, has initiated detailed engineering, procurement alignment and construction sequencing activities in preparation for build-out.
Terrence Duffy, Chief Executive Officer of Ferrox, stated:
“This marks a pivotal inflection point for Tivani. Advancing into pre-construction with world-class partners reflects the maturity of the project and our focus on disciplined execution. Tivani was engineered from the outset to support scale, optionality and operational resilience, and this phase is about converting that vision into a build-ready plan.”
In parallel with the transition into execution, HUB’s integration focuses on structured verification processes and embedded governance controls aligned with engineering progression, contractor engagement and capital deployment sequencing.
Noah Hershcoviz, Chief Executive Officer of HUB, stated:
“Execution governance is infrastructure. Projects entering pre-construction require verification to be embedded at the operating layer, not added afterwards. The Tivani project reflects that standard, and we are integrating trust architecture to support disciplined capital sequencing as the project advances.”
This integration reflects HUB’s disciplined expansion of its core cybersecurity capabilities into structured trust infrastructure for real-world and digital asset environments.
HUB expects integration milestones to progress in alignment with Tivani’s construction and capital formation sequencing and will provide further updates as implementation phases are completed.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd. (Nasdaq: HUBC) is a global provider of military-grade cybersecurity, confidential computing, and AI-driven Secured Data Fabric infrastructure serving governments, financial institutions, and regulated enterprises worldwide.
About Ferrox Critical Minerals Ltd.
Ferrox Critical Minerals Ltd. holds the Tivani project in Limpopo, South Africa, containing approximately 519 million tons of titaniferous magnetite ore with NI 43-101 compliant resources and secured mining rights.
Forward-Looking Statements
This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “future,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “seem,” “should,” “will,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by HUB and the following: (i) the Company’s ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (ii) significant uncertainty regarding the adequacy of HUB’s liquidity and capital resources and its ability to repay its obligations as they become due; (iii) the war between Israel and Hamas commenced in October 2023, which may harm Israel’s economy and HUB’s business; (iv) expectations regarding HUB’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB’s ability to invest in growth initiatives and pursue acquisition opportunities; (v) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in HUB’s Annual Report on Form 20-F filed on May 1, 2025. Additional risks and uncertainties include those related to the development and commercialization of the Tivani project, including but not limited to: (a) the need for, timing of, and ability to obtain or maintain required permits and regulatory approvals; (b) construction, commissioning and ramp-up risks, including delays, cost overruns, contractor performance, equipment procurement, supply chain disruptions and availability of skilled labor; (c) risks that actual mining and processing performance, ore characteristics, recoveries, product quality and operating costs differ materially from expectations; (d) reliance on the availability, capacity and cost of power, water, rail, port and other infrastructure and logistics; (e) risks related to securing project financing and working capital on acceptable terms, if at all; (f) risks related to the ability to enter into and perform under strategic offtake and customer arrangements on acceptable terms; (g) commodity price volatility and demand conditions for the applicable minerals; (h) environmental, health and safety and tailings management risks; (i) community, labor and stakeholder relations risks; and (j) political, legal, regulatory, tax, foreign exchange and other country risks associated with operations in South Africa.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.
All subsequent written and oral forward-looking statements concerning HUB or other matters addressed in this press release and attributable to HUB or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.
Investor Relations
Lytham Partners
Ben Shamsian
646-829-9701
shamsian@lythampartners.com
FAQ
What does HUBC announce about the Tivani project on February 27, 2026?
When is the Tivani project expected to begin production and how does HUBC fit in?
Is the Tivani project permitted and where is it located for HUBC investors (HUBC)?
What specific HUBC capabilities are being embedded into the Tivani project?
Does the announcement indicate binding commercial terms between HUBC and Ferrox for Tivani?
How will HUBC report progress on Tivani integration and what should shareholders expect?
