- MineHub Technologies (MHUB) has signed an agreement with Sumitomo Corporation to use the MineHub platform
- Under the agreement, Sumitomo will subscribe to the MineHub platform and enterprise applications as a paying customer
- Sumitomo Corporation is one of Japan’s largest corporations
- MineHub is an open, enterprise-grade platform for digital trade, bringing efficiency, transparency and responsibility to supply chains
- MineHub Technologies Inc. (MHUB) is up 11.11 per cent, trading at C$0.30 per share at 2:28 pm ET
MineHub Technologies (MHUB) has signed an agreement with Sumitomo Corporation to use the MineHub platform.
Under the agreement, SC will subscribe to the MineHub platform and enterprise applications as a paying customer. The MineHub global team will work closely with the Sumitomo team to support the adoption of the MineHub platform by its worldwide network of mining companies, smelters and service providers.
Sumitomo Corporation is one of Japan’s largest corporations. It is a leading Fortune 500 global trading and business investment company with 131 locations in 66 countries and regions. The entire SC Group consists of more than 900 companies.
SC conducts commodity transactions in all industries utilizing worldwide networks. It provides customers with financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential.
Arnoud Star Busmann, CEO of MineHub, commented on the news.
“Reaching this commercial milestone is testament to the close collaboration and trust we have developed together, both in Japan and globally. We are very excited about the value we will be able to unlock together for Sumitomo, its suppliers and customers, the global copper ecosystem and ultimately the MineHub shareholders.”
MineHub is an open, enterprise-grade platform for digital trade, bringing efficiency, transparency and responsibility to supply chains.
Minehub Technologies Inc. (MHUB) is up 11.11 per cent, trading at C$0.30 per share at 2:28 pm ET.
