Northwire Canada EditionThursday, July 23, 2026
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MineHub to launch AI trade assistant

MHUB · Price

Executive Summary

  • MineHub Technologies Inc. is launching its "Commodity Trade Execution AI assistant," an AI-powered tool designed to automate trade execution tasks, developed through the strategic acquisition of Jules AI.
  • The company is establishing a permanent operational hub in India with a dedicated team of 11 employees to support growing demand for digital solutions in the industrial commodities sector.
  • The AI assistant integrates directly with Jules AI APIs to process unstructured data (PDFs/images), audit shipments via visual verification, and create orders, aiming to reduce the manual entry of approximately 345 data points per trade.

Key Details

  • Product Launch: Unveiling of the "Commodity Trade Execution AI assistant" at the International Material Recycling Conference (IMRC) 2026 in Jaipur, India (Jan. 20–22, 2026).
  • Technology & Integration: The tool is a result of the acquisition of Jules AI; it integrates via APIs to "act" rather than just "chat," creating orders and processing unstructured data into structured formats.
  • Operational Capabilities:
    • Automates the entry of ~345 data points per trade.
    • Autonomously audits shipments by visually verifying container numbers on inspection photos against digital packing lists.
    • Uses deterministic actions via API to ensure zero data fabrication, with a human-in-the-loop for final approval.
  • Strategic Expansion (India):
    • Establishment of a permanent hub in India with a dedicated team of 11 people.
    • Targeting the country's rapidly growing raw materials economy and digital solution demand.
    • Currently supporting approximately a dozen key organizations, including recyclers, smelters, and trading houses (e.g., Star Group, Dhatu).
  • Market Context:
    • India's steel demand projected to increase to 200–260 million tonnes by 2030.
    • India's 500-gigawatt non-fossil fuel target expected to boost copper and aluminum demand.
    • Structural deficit in ferrous scrap (20–30 million tonnes by 2030) necessitating complex cross-border logistics.

Notable Quotes

  • Andrea Aranguren, CEO: "We are excited to launch our Commodity Trade Execution AI assistant, a next-generation tool designed to automate tedious tasks in trade execution. This innovation is a direct result of our strategic acquisition of Jules AI, which has enabled us to integrate AI capabilities into our platform. Furthermore, we are doubling down on the Indian and Southeast Asian markets with a dedicated team of 11 people on the ground to support the region's exploding demand for raw materials."
Read the original news release →

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