Athabasca Minerals subsidiary (Aggregates Marketing Inc.) successfully deploys proprietary ‘Rockchain™’ Digital Platfor...
23 September 2019 - 9:01PM
Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX Venture:
ABM) announces its subsidiary, Aggregates Marketing Inc., in the
last 6 months has successfully developed and deployed its
proprietary ‘Rockchain™’ digital platform with optimized
supply-transport solutions for more than $45 million in
construction materials bids. Tenders have focussed particularly on
delivery of aggregates for pipeline, infrastructure, road
construction, municipality improvements and civil projects across
three Western Canadian provinces and has resulted in an increasing
number of contract awards.
AMI’s ‘Rockchain™’ digital platform, created by
Aggregates Marketing Inc., currently includes a growing network of
over 700 suppliers, transportation and equipment companies across
Western Canada. Additionally, it incorporates an algorithm module
that determines the best supply-transport combination to help
improve utilization for aggregate producers and trucking companies,
with price and service benefits to customers. AMI’s ‘Rockchain™’ is
further bolstered by an Integrated Quality Assurance program that
validates product delivery solutions, which are cross-checked to
ensure project specifications are achieved. Aggregates Marketing
Inc. has also established 1.833.GOT.ROCK™ to further widen its
model to include Business-to-Consumer solutions to supplement its
Business-to-Business network.
In support of its digital solutions, Aggregates
Marketing Inc. has added software programming expertise to its
organization and is efficiently leveraging the Corporation’s bench
strength in logistics & supply chain management, business
development, quality control, and finance. Correspondingly, the
Corporation has promoted Mr. Johnathan Dyck, MBA, CPA, CMA to Vice
President, Aggregates Marketing.
Robert Beekhuizen, CEO, states, “Aggregates
Marketing Inc. is bringing an innovative approach to a very
pervasive, but fragmented aggregates industry. Our goals are to
grow geographically across North America and bring upside for pit
operators and trucking companies with further opportunities from
our digital market intelligence that helps to improve asset
utilization across the sector. At the same time, we are bringing
end-use customers more options with better combined pricing using
our algorithmic approach in the delivery of aggregate products
while maintaining the necessary quality standards. In essence,
Aggregates Marketing Inc. is a ‘midstreamer of aggregates, enabled
by technology’. We see a valuable role in our ‘Rockchain™’ digital
platform to overcome sub-optimal supply/transport combinations with
better commercial solutions, which ultimately enhances value for
customers. AMI will also continue to evolve with technology as a
core competency to meet the growing demands in the way we are doing
business as it fits with our view of the future.”
For more information on Aggregates Marketing
Inc. visit www.aggregatesmarketing.com
About Athabasca Minerals
The Corporation is an integrated group of
aggregates companies involved in resource development, aggregates
marketing and midstream supply-logistics solutions. Business
activities include aggregate production, pit management services,
sales from corporate-owned and third-party pits, acquisitions of
sand and gravel operations, and new venture development. Athabasca
Minerals is the parent company of Aggregates Marketing Inc. – a
midstream technology-based business providing integrated supply and
transportation solutions for industrial and construction markets.
It is also the parent company of AMI Silica Inc. – a subsidiary
positioning to become a leading supplier of premium domestic
in-basin sand with regional deposits in Alberta and NE British
Columbia. It is the joint venture owner of the Montney In-Basin and
Duvernay Basin Frac Sand Projects. Additionally, the Corporation
has industrial mineral leases, such as those supporting the
Richardson Quarry Project, that are strategically positioned for
future development in industrial regions of high potential
aggregates demand.
For further information on Athabasca, please
contact:
Dean Stuart
T: 403 617 7609
E: dean@boardmarker.net
Robert Beekhuizen
T: 587 525 9610
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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