“We feel a real momentum building up in the copper market around our platform and the assay exchange and ESG applications,” MineHub CEO Arnoud Star said in a media release. “Working with the teams at Zijin Mining, China Minmetals and BHP is another high-profile opportunity accelerating the innovation, development and adoption of our solutions, and therefore the value of the MineHub platform for the global concentrates market.”
The digital trade by China Minmetals et al. is the first transaction of its kind, in which:
- A copper concentrate shipment was purchased by China Minmetals from BHP, then on-sold to Zijin Mining for smelting, with both the purchase and the sale transactions completed on the same platform. It also marks the first transaction involving a smelter for their procurement;
- MineHub’s blockchain-based platform was used for a transaction between two Chinese companies, for a cargo originating from a global…
