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Minehub Technologies, Inc. ( (TSE:MHUB) ) has shared an update.
MineHub Technologies Inc. has processed $14.7 billion in copper and aluminum transactions in 2024, establishing itself as a critical infrastructure in the global non-ferrous metals market. The company’s platform offers significant savings and efficiency improvements, evidenced by a wire and cable manufacturer achieving $1.2 million in annual savings and a 66% reduction in inventory. By leveraging a volumetric fee-based revenue model, MineHub is poised for growth in the expanding non-ferrous metals market, projected to reach $1.74 trillion by 2033. The platform’s network effects and strategic partnerships, such as with Sumitomo, enhance its market positioning and drive further adoption.
More about Minehub Technologies, Inc.
MineHub Technologies Inc. is a leader in digital solutions for commodity supply chains, focusing on non-ferrous metals like copper and aluminum. The company operates a scalable SaaS platform that connects over 198 companies globally, providing automation and collaboration tools to enhance operational efficiency and reduce costs in the $1.18 trillion global non-ferrous metals market.
YTD Price Performance: 90.0%
Average Trading Volume: 105,795
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$58.71M
For a thorough assessment of MHUB stock, go to TipRanks’ Stock Analysis page.