MineHub and Abaxx Join Forces to Transform Commodities Markets

In a move set to reshape the commodities market landscape, MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) and Abaxx Technologies Inc. have announced a strategic partnership. This collaboration aims to drive widespread digitization within the physical commodities markets, potentially transforming how businesses operate in this sector.

Under the terms of the agreement, Abaxx will acquire an approximate 10.9% ownership stake in MineHub through a share exchange. This partnership brings together MineHub's expertise in digital supply chain solutions for the metals and mining industry with Abaxx's technological innovations in global market communications and transactions.

The alliance comes at a critical time for the commodities market, which faces numerous challenges including climate change impacts, energy transition pressures, and increasing regulatory demands. By combining their strengths, MineHub and Abaxx aim to provide market participants with enhanced tools to navigate these complex issues.

MineHub's digital supply chain platform has already gained traction among major global enterprises for logistics, compliance, trade management, and financing operations. The platform offers a digitally integrated workflow powered by verifiable and unforgeable data, allowing users to optimize resource use and respond swiftly to disruptions.

The partnership will explore various commercial and product collaboration opportunities. Key focus areas include integrating Abaxx and MineHub digital tools to expand customer value, facilitating entry into new commodities markets beyond MineHub's traditional focus on copper and aluminum, and utilizing Abaxx's ID++ identity protocol to enhance MineHub's communication tools.

Importantly, this collaboration aims to strengthen the physical commodities market's ability to meet evolving sustainability requirements. It will enable more efficient reporting, carbon offsetting, and traceability – critical factors in today's environmentally conscious business landscape.

The partnership also promises to bridge the gap between physical and financial commodities data, enabling more efficient and secure hedging while maintaining data privacy. This could prove particularly valuable as the industry grapples with ongoing challenges such as labor strikes, transport constraints, and geopolitical risks affecting commodity availability and costs.

Andrea Aranguren, President, CEO, and Director of MineHub, expressed enthusiasm about the numerous collaboration opportunities with Abaxx. She emphasized how the partnership will leverage their combined strengths to capitalize on market momentum and accelerate tool adoption, ultimately maximizing value for customers.

The financial implications of this partnership are significant. MineHub recently reported record revenue of $776,000 in Fiscal Q1-2025, marking a 127% increase compared to the same period in the previous year. The company has also expanded its ecosystem to include over 165 companies connected to its network, including industry leaders such as Codelco, Sumitomo, Surecomp, and Southwire.

As part of the agreement, Abaxx will receive MineHub share purchase warrants, exercisable for three months from the closing date. If exercised, these warrants could increase Abaxx's ownership in MineHub to 19.9%, further solidifying the partnership.

This strategic alliance between MineHub and Abaxx represents a significant step forward in the digitization of commodities markets. By combining their technological expertise and industry knowledge, these companies are poised to address key challenges facing the sector, from supply chain inefficiencies to sustainability reporting requirements. As the partnership unfolds, market participants will be watching closely to see how these innovations reshape the commodities landscape.