MineHub Technologies Inc. announced that it has entered into a commercial agreement with Sumitomo Corporation ("SC" or "Sumitomo"), one of Japan's large corporations. Under the agreement, SC will subscribe to the MineHub platform and enterprise applications as a paying customer. The implementation of the MineHub platform in SC's global operations underlines the mutual commitment to a long term relationship, and the MineHub global team will work closely with the SC team to support the adoption of the MineHub platform by its worldwide network of mining companies, smelters and service providers.

This commercial agreement is another step in operationalising the partnership that was announced in February this year, in which the companies communicated their strategic collaboration to: Expand the MineHub platform with innovative solutions and value propositions, and Enable SC and its suppliers and customers to unlock the benefits of digital trade through the MineHub platform, which include for instance operational cost savings, emissions reduction, supply chain resilience and working capital optimisation.