20:53:30 EDT Tue 15 Sep 2026
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MineHub Technologies Inc (2)
Symbol MHUB
Shares Issued 104,396,110
Close 2026-09-15 C$ 0.55
Market Cap C$ 57,417,861
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MineHub welcomes Al Qaryan to Jules platform

2026-09-15 19:44 ET - News Release

Ms. Andrea Aranguren reports

AL QARYAN INTERNATIONAL GOES LIVE ON THE MINEHUB-JULES AI PLATFORM

Following a commercial agreement earlier this year, Al Qaryan International, the international trading arm of Al Qaryan Group, is live on MineHub Technologies Inc.'s Jules platform. AQI, based in Dubai, operates as both a broker and a trading facilitator for scrap and processed materials across international markets, specializing in semis and refined metals, ferrous and non-ferrous metals, plastics, and minerals. Al Qaryan Group, AQI's parent company, operates more than 15 recycling and production facilities in the Middle East with an annual recycling capacity of over 1.5 million tons of material.

Andrea Aranguren, chief executive officer of MineHub, commented: "We are pleased to welcome Al Qaryan International to the Jules platform. This deployment is particularly significant on three fronts: First, it validates Jules across the full spectrum of physical trade logistics, from bulk to containers to inland road operations; second, it marks a meaningful step in our commercial penetration of the Gulf market; and third, it demonstrates the platform's ability to support sophisticated hedging workflows alongside physical trade execution. Al Qaryan International is led by a highly innovative leadership team, and we look forward to partnering on new features and services, such as AI automation deployments."

AQI deployed Jules to streamline its trade operations across three logistics modalities -- bulk vessel shipments, containerized international trade and road-based regional deliveries -- and to further enhance the level of service delivered to its global client base. The scope of the deployment also covers sophisticated hedging workflows, with London Metal Exchange position management and pricing exposure tracking integrated into the trade life cycle.

Accelerating in a vast market segment

The company's success in securing this agreement reflects the growing role of Gulf-based traders in the global recycled non-ferrous metal market. Saudi Arabia and the wider Gulf Cooperation Council have emerged as an increasingly important origination hub for scrap flows moving toward Asian smelters and refiners, driven by strong regional collection volumes and proximity to the shipping routes that feed manufacturing demand across the Indian subcontinent, Southeast Asia and China. At the same time, the sustained volatility of copper, aluminum and other base metals on the LME has made disciplined hedging and real-time exposure management a competitive necessity rather than a back office concern. Traders operating at this intersection of physical execution and active price risk management need integrated digital infrastructure that can handle both. MineHub is well positioned to serve this profile by consolidating trade execution, hedging and reporting into a single workflow.

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 commodity 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. MineHub's product suite also includes Jules AI, a modular ERP platform purpose-built for SMB commodity traders and recycled metal operators, delivering end-to-end management of purchases, sales, logistics and invoicing. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.

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