Vancouver, BC, January 25, 2023. MineHub Technologies Inc. (TSXV: MHUB, OTCQB: MHUBF) (“MineHub” or the “Company”) is pleased to announce that it has entered into a commercial agreement with Capstone Copper Corp. (“Capstone”) one of Canada’s leading copper producers for use of the MineHub Platform.
Under the agreement, Capstone will subscribe to the MineHub platform and enterprise applications as a commercial user. A first live shipment with approximately 10,000 MT of copper concentrate was initiated on the MineHub platform and is on its way from the United States to Japan.
Arnoud Star Busmann, CEO at MineHub, said: “We have been working with Capstone’s team and their customers on many of the platform features, enhancing our product further and leading to next stage in our collaboration. Announcing this commercial contract and kicking off with a live shipment from Capstone is a great start to the year.”
Ashley Woodhouse, Director of Marketing for Capstone Copper’s Global Concentrate and Metals Sales, said “We are excited to start using the MineHub platform within our operations as it provides us with a streamlined way of executing our metals marketing transactions and provides customers with up-to-date visibility on our sales and shipment process. We look forward to furthering our relationship with MineHub as they transform the performance of global supply chains.”
This commercial agreement is another step in MineHub’s journey in the digitalisation of industrial supply chains, and the copper ecosystem specifically.
About Capstone Copper
Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. Capstone Copper Corp. owns and operates the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and 70% of the Mantoverde copper-gold mine, located in the Atacama region, Chile. In addition, Capstone Copper Corp. own the fully permitted Santo Domingo copper-gold project, located approximately 30 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas.
About MineHub Technologies
MineHub is an open, enterprise-grade platform for digital trade, bringing efficiency, transparency and responsibility to supply chains. MineHub connects the many parties involved in a physical commodity transaction in a digitally integrated workflow, operating on the basis of shared authentic and validated information secured by a global enterprise blockchain network. Users of MineHub are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to customer needs and have confidence in the resilience, security and compliance of their operations.
Arnoud Star Busmann
CEO, MineHub Technologies Inc.
For further information regarding MineHub, please email info@Minehub.com or visit our website at www.minehub.com