MineHub, Surecomp enter automation partnership

Ms. Andrea Aranguren reports MINEHUB AND SURECOMP LAUNCH INTEGRATED POST-TRADE AND TRADE FINANCE SOLUTIONS, BRIDGING GLOBAL COMMODITY TRADE FINANCING MineHub Technologies Inc. has commercially launched its integrated trade financing offering together with its partner, Surecomp, a global leader of digital trade finance infrastructure. This partnership equips miners, traders and financiers to replace error-prone manual processes with end-to-end automation, directly addressing inefficiencies that cost enterprises $500-billion annually in delays and fraud. Andrea Aranguren, chief executive officer of MineHub, commented: "This is a major step forward in our mission to digitize and derisk global supply chains. Together with Surecomp, we are unlocking the true potential of digital trade by linking operational execution with financing in real time. This is where the future of trade is headed." The strategic partnership was signed in late 2023 ahead of the wave of digital trade regulations. The solution bridges MineHub's real-time logistics data with Surecomp's Rivo platform -- delivering audit-ready workflows that can reduce letter of credit processing times from five to 10 days to intraday. This integration enables customers to manage the full life cycle of their physical commodity trades, from contract to cash, with greater speed, compliance and cost-effectiveness. By bridging MineHub's real-time shipment and documentation capabilities with Surecomp's leading trade finance infrastructure, customers benefit from end-to-end automation of trade execution and financing. Enno-Burghard Weitzel, chief solutions officer at Surecomp, added: "Our collaboration with MineHub exemplifies how integrated platforms can create immediate value. By aligning trade and finance data, we are delivering a unified experience for customers looking to future-proof their trade operations. The integrated solution is available immediately for all joint customers and is being piloted by several leading global mining and trading firms." Key customer benefits: Working capital acceleration: MineHub's real-time trade and shipping data trigger instant financing workflows in Surecomp's platform, enabling real-time visibility into trade status and automated document generation and validation, reducing letter of credit processing times by up to 40 per cent. Environmental, social and governance compliant audit trails: The digitized audit trails across both platforms support compliance with the European Union Corporate Sustainability Reporting Directive and Model Law on Electronic Transferable Records standards, addressing compliance costs that on average consume 15 to 30 per cent of trade finance budgets. Operational efficiency: The integration eradicates manual reconciliation and duplicate data entry between trade operations (miners/traders) and finance teams (banks/borrowers), addressing a critical pain point that cost enterprises 20 to 30 per cent of annual trade finance spend. For a mid-size supplier, this can translate to more than $500,000 in annual savings from reduced labour, faster liquidity and minimized penalties. Global trade finance gap The global trade finance gap now exceeds $2.5-trillion annually, driven by inefficient paper-based processes that cost enterprises billions in delays, fraud and manual labour. MineHub's integration with Surecomp directly addresses this gap by digitizing workflows that the International Chamber of Commerce estimates account for 70 per cent of trade finance inefficiencies, positioning the partnership to deliver immediate value to customers. About MineHub Technologies Inc. MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that are usable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide a better customer service. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations. We seek Safe Harbor.