Athabasca Minerals Inc. reported that its wholly-owned subsidiary Aggregates Marketing Inc. has secured a CDN $1,500,000 order to supply aggregates for a major industrial operator located in the Regional Municipality of Wood Buffalo in northern Alberta, Canada.
Aggregates Marketing Inc. is an emerging technology-enabled company developed in 2018 by the corporation, focused on achieving enhanced price/delivery solutions in mapping customer requirements (orders) to aggregates suppliers and transportation companies with greater speed and efficiency.
Chief Executive Officer Robert Beekhuizen stated, “In today’s economy, the goal of Aggregates Marketing is to leverage technology and keep pace with progressive trends in e-commerce to creatively disrupt a widely pervasive bulk construction materials market with improved connectivity, supplier utilization, and pricing. Aggregates Marketing’s growing database, and iterative, algorithmic approach is increasing optionality and deriving further value enhancements that can be passed on to customers. We are very excited about the future growth potential of this division within the corporation’s portfolio, and the geographic extent to which Aggregates Marketing can cater, both nationally and internationally, as this midstream business expands.”