MineHub Technologies has taken a significant step in fortifying its partnership with Sumitomo Corporation, signaling a deeper commitment to driving commercial growth and seamlessly integrating Sumitomo's refined copper business onto the MineHub platform.

In this extended collaboration, Sumitomo will play a pivotal role in amplifying sales efforts and expanding commercial reach for the refined platform, alongside its existing concentrates business. This broader scope reflects Sumitomo's confidence in the MineHub platform's capacity to deliver substantial value across diverse sectors within the metals market.

MineHub is excited to further solidify their partnership with Sumitomo and broaden the scope of their collaboration. Through Company combined efforts to boost commercial momentum and integrate Sumitomo's refined copper business into company platform, MineHub is well-positioned to discover fresh avenues for growth and innovation within the metals industry.

MineHub exudes enthusiasm for the potential outcomes of this expanded collaboration and eagerly anticipates the market benefits it will yield. The extension of Sumitomo's partnership with MineHub signifies a significant milestone in the ongoing synergy between the two entities.

Sumitomo echoes these sentiments, expressing confidence that integrating their refined copper business onto the MineHub platform will not only streamline operations but also augment their ability to cater to customers effectively. "We are tremendously excited about the prospects this partnership holds and eagerly anticipate the sustained success of our joint ventures," affirmed Sumitomo.

In preparation for the integration of their refined copper business into the MineHub platform, Sumitomo is primed to focus initially on key clientele within the Asian market. This strategic move underscores the mutual commitment of both companies to leverage digital solutions for optimizing operations, enhancing efficiency, and delivering unparalleled customer experiences.

The prolonged partnership between MineHub and Sumitomo highlights their mutual dedication to leveraging technology and innovation to deliver value for both customers and stakeholders. Since February 2022, MineHub and Sumitomo have collaborated with the shared goal of enhancing efficiency, transparency, and responsibility within industrial supply chains. Following a commercial agreement in August 2022, Sumitomo became a paying customer of MineHub's platform and enterprise applications. Subsequently, in June 2023, Sumitomo's $1 million capital injection provided MineHub with the necessary financial impetus to accelerate their mutual ambition of digitizing the metal concentrates market and propelling the adoption of the MineHub platform and its concentrates application as the emerging industry standard for transaction settlement.

MineHub Technologies stands as the premier digital platform in the commodity markets, dedicated to enhancing the efficiency, resilience, and sustainability of raw material supply chains. Offering top-tier digital solutions, MineHub facilitates seamless connectivity among buyers, sellers, laboratories, and financiers operating within physical commodities supply chains. This integration occurs within a digitally streamlined workflow driven by data that is not only usable and shareable but also verifiable and immune to forgery.