BHP to adopt MineHub platform in global operations

MineHub Technologies (TSXV: MHUB) has entered into a commercial agreement with the world’s largest miner, BHP (NYSE: BHP), under which BHP will subscribe to the MineHub platform and enterprise applications as a customer.

MineHub is an enterprise-grade platform for digital trade, bringing increased efficiency and transparency to supply chains. The platform connects 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 blockchain network.

The MineHub platform enables companies to:

• Gain improved visibility into their supply chains to pro-actively mitigate against disruptions;
• Move from physically delivered documents to digital transactions to protect cashflows;
• Enhance their customer experience with rich, high-quality and real-time data to save time and optimize operations; and
• Verify compliance with ESG policies, including trade regulations to avoid costly fines and protect their brand.

The MineHub global team will work closely with BHP to support the adoption of the MineHub platform by BHP operations and its business network, the company said in a news release.

“Our relationship with BHP has matured further with this step, reflecting the progress from pioneering and co-creating to a commercial service that has the potential to digitally support the sales operations of BHP and its customers,” Minehub CEO Arnoud Star Busman said in the statement. “It also represents a major milestone for both the mining and metals industry and for MineHub — for the industry it demonstrates the viability of a digital industry platform."

To learn more, visit www.minehub.com.