• Athabasca Minerals (AMI) subsidiary AMI RockChain has secured a $4 million transportation contract
  • AMI’s integrated logistics solutions were deemed to provide the best overall value for a client requiring significant trucking capacity, resulting in the contract
  • AMI RockChain’s proprietary platform RockChainTM has been updated, increasing the speed and accuracy of its supply chain algorithms
  • AMI Aggregates, the corporation’s base division, recently received final provincial approvals for the development and operation of the Hargwen Pit
  • Athabasca Minerals is an integrated group of companies capable of full life-cycle development and supply of aggregates
  • AMI RockChain division is a midstream, technology-enabled business that deploys its proprietary RockChain™ digital platform
  • Athabasca Minerals (AMI) is up 1.96 per cent, trading at C$0.26 per share at 2:30 pm ET

Athabasca Minerals (AMI) subsidiary AMI RockChain has secured a transportation contract with a confidential client valued at $4 million.

AMI RockChain’s proprietary platform RockChainTM has been upgraded, increasing the speed and accuracy of its supply chain algorithms to support increased demand by customers and industry users.

Robert Beekhuizen, AMI’s Chief Executive Officer stated,

“AMI RockChain is serving a growing number of customers and projects across the nation. The power and versatility of the RockChainTM tech-platform is expanding to keep pace. In April, our integrated logistics solutions were tendered and selected as the best overall value for a confidential client requiring significant trucking capacity to ensure a large delivery of industrial minerals in Q2-2021.

This resulted in AMI RockChain receiving a $4 million contract.

“The frequency of RockChain bids has accelerated dramatically year-to-date, and we are now bidding numerous projects daily. With this increased activity, we have improved the automation of our supply chain processes in terms of speed and accuracy. Our most recent system upgrade was launched this month, which we deem “RockChain 2.0”. We are capable of rapidly providing our customers with smart bids replete with market intelligence on aggregates for target locations across the country and underpinned by regional econometric data.

It is exciting to see how the technology advancements and our operational excellence model are working hand-in-glove, as we bring reliable and extremely competitive delivery solutions to industry.”

In other corporate news, AMI Aggregates, the corporation’s base division, recently received final provincial approvals for the development and operation of the Hargwen aggregates pit located between Edmonton and Jasper, Alberta. The Hargwen Pit is situated in the vicinity of an anticipated highway, pipeline, and energy projects in Western Alberta.

AMI RockChain division is a midstream, technology-enabled business that deploys its proprietary RockChain™ digital platform.

AMI RockChain has associated industry econometrics, supply-chain algorithms, quality assurance & safety programs to bring customers integrated supply-delivery solutions of industrial minerals to industry, infrastructure and construction sectors. 

Athabasca Minerals is an integrated group of companies capable of full life-cycle development and supply of aggregates and industrial minerals. 

Athabasca Minerals (AMI) is up 1.96 per cent, trading at C$0.26 per share at 2:30 pm ET.

More From The Market Online
PyroGenesis - CEO, P. Peter Pascali.

PyroGenesis reacquires IP for nano silicon reactor

PyroGenesis Canada (TSX:PYR) has reacquired the intellectual property rights to the Purevap Nano Silicon Reactor on a no-cost basis.

Bombardier invites shareholders to Investor Day 2024

Canadian business jet manufacturer Bombardier (TSX:BBD.A) will host its Investor Day on May 1 at its aircraft assembly centre in Toronto.

HPQ’s new battery blend continues to test better than graphite

Environmental stock HPQ Silicon (TSXV:HPQ) achieves a major milestone through its France-based affiliate Novacium SAS.