MineHub Technologies Inc. announced that it has finalized and signed a three-year contract with corporation Nacional del Cobre de Chile. Further to the release on March 23, 2023 announcing that Codelco has selected MineHub's Waybridge Platform after a Request for Proposal (RFP) and successful pilot process, both companies are now actively moving forward on digitizing Codelco's global refined copper business. The partnership between MineHub and Codelco is paving the way for advancements in digital solutions, empowering mining operations with supply-chain software that enhances efficiency and environmental responsibility.

After rigorous evaluations and close collaboration, this prestigious contract represents the mutual trust and shared vision between two companies. The digital commercial platform, powered by MineHub, will enable Codelco customers to: Collaborate and share transactional information seamlessly via a secure digital platform, including contract negotiations, shipping information, documentation, claims requests, invoice and payment statuses; Consolidate key supply chain data to ensure traceability, data analytics and comprehensive ESG reporting, including CO2 transportation calculations; Improve visibility into global copper flows while enhancing the timeliness and accurate delivery of key data necessary for trade and decision optimization; Drive operational efficiency via continuous process improvement, data automation and systems integrations with its clients, service providers and strategic partners. The MineHub and Codelco teams have already agreed on an implementation approach, as well as a comprehensive plan to onboard Codelco's global customers onto the platform.

The teams have also started initial training and integration preparation work. Moreover, MineHub and Codelco are also together collaborating and investigating the potential for an expanded scope to include copper concentrates in the future. MineHub's. SaaS-based platform currently provides seamless order processing, real-time shipment tracking, inventory management and reporting for the commodities ecosystem by automating data connections between customers and their entire supply chains.

MineHub has over 90 companies interacting digitally on its platform, including leading global manufacturers, as well as major miners, warehouses, and shipping companies.