MineHub Signs Contract with Leading Recovered Paper Trading House, Anthon B. Nilsen

What happened

MineHub Technologies Inc. said Anthon B Nilsen SAS, a large French trader in recovered paper and stocklots, signed a commercial agreement to deploy its Jules platform across international trade operations. MineHub called it the company's second new customer in recovered paper.

Confirmed

Global impact / market context

The deal adds a second recovered paper customer and expands MineHub's European client base. The agreement combines a standard SaaS subscription, which means recurring software fees, with outcome-based pricing tied to AI-powered automation, so MineHub can earn more as the automation delivers results.

Analyst inference

For investors, this shows MineHub pushing beyond metals into recovered paper and stocklots, a market where traders need to streamline post-trade execution, which means the paperwork and settlement steps after a trade. A second customer in a new segment suggests demand for digital supply chain tools.

Analyst inference

What to watch

1. The deployment covers Anthon B Nilsen's core trade operations and, over time, is expected to expand to other areas of its business, according to the article. Confirmed
2. Watch whether MineHub signs more recovered paper customers, since a third deal would show the segment is becoming a repeatable source of subscription and outcome-based revenue. Analyst inference
3. Watch whether the company discloses revenue from this agreement, because the pricing ties part of the fee to AI-powered automation results rather than a fixed subscription alone. Analyst inference

Evidence

• newsfilecorp.com