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Minehub Technologies
Minehub Technologies digitizes physical commodity supply chains via a blockchain platform used by BHP, Glencore, and Codelco.
Minehub Technologies
Founded in 2017 by Vincent Conte, Minehub set out to solve a stubborn problem: the vast logistical and contractual paperwork behind every shipment of copper, zinc, or iron ore still runs on disconnected spreadsheets, email, and PDFs. Its platform digitizes assays, bills of lading, and invoices into a shared, permissioned blockchain ledger that connects miners, smelters, financiers, and shipping carriers. The company is publicly listed on the TSX Venture Exchange under the ticker MHUB. Minehub targets large-scale enterprise contracts — its confirmed consortium participants include Glencore, BHP, and Codelco, each of which has affiliated trading-desk, port, or mine-site operations to the platform. Revenue comes from SaaS-style subscription tiers scaled to transaction volume rather than asset management fees. The technology sits at the intersection of enterprise software, industrial infrastructure, and metals supply-chain finance, with ambitions to eventually host trade-finance instruments on-chain once adoption reaches critical mass among major commodity trading desks. Andrea Aranguren, formerly of BHP and Vale, became CEO to drive commercial execution alongside founder Vincent Conte. The company operates from a small, centralized base in Vancouver and contracts external development partners for core engineering. Its most current operational milestone came in April 2025 when the firm confirmed the successful completion of a multi-node pilot with an unnamed international bank testing blockchain-settled iron ore trades, signaling a move toward integrating financial settlement layers. What genuinely separates Minehub from generic enterprise-software startups is its anchoring consortium model. Instead of cold-selling to individual procurement departments, the company was co-built with a handful of the world's largest resource extraction firms — turning the usual competitor dynamic into a pre-wired customer base. That architecture creates high switching costs if the network takes hold, but also concentrates commercial dependency on a small number of mining giants, a structural risk worth watching.
General information
Firm type
Asset Manager
Year founded
2017
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Vancouver
Corporate office
Vancouver, BC, Canada
Principals
Andrea Aranguren
CEO
Vincent Conte
Founder & Strategic Advisor
Sector focus
Frequently asked questions
What core problem does Minehub's platform solve for commodity traders?
Minehub replaces the fragmented paperwork — assays, bills of lading, invoices, and letters of credit — that still govern most physical commodity shipments. By putting those documents onto a shared, permissioned blockchain, counterparties across mining, smelting, shipping, and trade finance can access a single source of truth in near-real time, reducing disputes, settlement delays, and operational overhead. The goal is to cut days or weeks out of the trade-settlement cycle.
How does Minehub generate revenue?
The company operates a SaaS model — it charges participants subscription fees that scale with usage, transaction volume, and the number of supply-chain modules activated. It does not take custody of commodities or manage investment capital. Revenue is reported in its public filings on the TSX Venture Exchange under the ticker MHUB.
Who are Minehub's largest confirmed enterprise users?
Consortium members disclosed by the company include Glencore, BHP, and Codelco. Each of these firms operates multiple mine sites, trading desks, and logistics chains that have connected to the platform in various capacities. The participation of major copper, zinc, and iron ore producers is central to the project's network-effect thesis.
Is Minehub a family office, a fund, or a technology company?
Minehub is a publicly traded enterprise-software company listed on the TSX Venture Exchange (MHUB). It is not a family office or an investment fund. It sells a blockchain-based supply-chain platform, primarily to large commodity producers, traders, and logistics providers.
Does Minehub hold any client assets or operate as a fiduciary?
No. Minehub Technologies is a technology vendor, not a regulated financial institution. It does not hold, manage, or custody client funds, commodities, or securities. Its relationship with users is governed by software license and service-level agreements.
What is the company's relationship with the mining industry's broader decarbonization efforts?
Minehub enables traceability of commodities from mine to smelter to port — a data backbone that supports ESG reporting, carbon accounting, and responsible-sourcing certifications. While the platform itself does not measure emissions or enforce standards, it can integrate third-party ESG data providers to give supply-chain participants auditable proof of provenance.
Where is Minehub headquartered and what is its corporate structure?
Minehub Technologies Inc. is incorporated in Canada and headquartered in Vancouver, British Columbia. It is a publicly listed company on the TSX Venture Exchange. The firm maintains a lean corporate structure with a centralized leadership team and contracted development resources.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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