JP3E Holdings (OTC: SPZI) has announced a new partnership for sourcing and exporting minerals and precious metals from Africa to global buyers. The company is preparing its first gold shipment to a leading South Korean metals processor as an initial trial. If successful, this will lead to a one-year contract with monthly gold shipments. The partnership leverages Bloxcross’ trade finance platform to streamline global transactions and enhance transparency in trade finance. The initiative aims to establish a reliable source of minerals while addressing financial and logistical challenges in the African region.
JP3E Holdings (OTC: SPZI) ha annunciato una nuova partnership per la fornitura e l’esportazione di minerali e metalli preziosi dall’Africa a compratori globali. L’azienda sta preparando la sua prima spedizione d’oro per un importante processore di metalli sudcoreano come prova iniziale. Se avrà successo, ciò porterà a un contratto di un anno con spedizioni mensili di oro. La partnership sfrutta la piattaforma di finanziamento commerciale di Bloxcross per semplificare le transazioni globali e migliorare la trasparenza nel finanziamento commerciale. L’iniziativa mira a stabilire una fonte affidabile di minerali affrontando al contempo le sfide finanziarie e logistiche nella regione africana.
JP3E Holdings (OTC: SPZI) ha anunciado una nueva asociación para la obtención y exportación de minerales y metales preciosos de África a compradores globales. La empresa está preparando su primer envío de oro para un importante procesador de metales surcoreano como prueba inicial. Si tiene éxito, esto resultará en un contrato de un año con envíos mensuales de oro. La asociación aprovecha la plataforma de financiamiento comercial de Bloxcross para agilizar las transacciones globales y mejorar la transparencia en el financiamiento comercial. La iniciativa tiene como objetivo establecer una fuente confiable de minerales al abordar al mismo tiempo los desafíos financieros y logísticos en la región africana.
JP3E Holdings (OTC: SPZI)는 아프리카에서 글로벌 바이어에게 광물 및 귀금속을 공급하고 수출하기 위한 새로운 파트너십을 발표했습니다. 이 회사는 초기 시험으로 한국의 주요 금속 가공업체에 첫 번째 금송송품을 준비하고 있습니다. 성공적으로 진행된다면 매달 금송품을 보내는 1년 계약으로 이어질 것입니다. 이 파트너십은 Bloxcross의 무역 금융 플랫폼을 활용하여 글로벌 거래를 간소화하고 무역 금융의 투명성을 높입니다. 이 이니셔티브는 아프리카 지역의 재정적 및 물류적 문제를 해결하며 신뢰할 수 있는 광물 공급지를 확립하는 것을 목표로 하고 있습니다.
JP3E Holdings (OTC: SPZI) a annoncé un nouveau partenariat pour l’approvisionnement et l’exportation de minéraux et de métaux précieux d’Afrique vers des acheteurs mondiaux. L’entreprise prépare son premier envoi d’or vers un important transformateur de métaux sud-coréen comme essai initial. Si cela réussit, cela mènera à un contrat d’un an avec des envois mensuels d’or. Le partenariat met à profit la plateforme de financement commercial de Bloxcross pour simplifier les transactions globales et améliorer la transparence du financement commercial. L’initiative vise à établir une source fiable de minéraux tout en s’attaquant aux défis financiers et logistiques dans la région africaine.
JP3E Holdings (OTC: SPZI) hat eine neue Partnerschaft für die Beschaffung und den Export von Mineralien und Edelmetallen aus Afrika zu globalen Käufern bekannt gegeben. Das Unternehmen bereitet seinen ersten Goldversand an einen führenden südkoreanischen Metallverarbeiter als erste Testlauf vor. Wenn dies erfolgreich verläuft, wird es zu einem einjährigen Vertrag mit monatlichen Goldlieferungen führen. Die Partnerschaft nutzt die Handelsfinanzierungsplattform von Bloxcross, um globale Transaktionen zu optimieren und die Transparenz im Handelsfinanzierungsbereich zu erhöhen. Die Initiative zielt darauf ab, eine zuverlässige Quelle für Mineralien zu schaffen und gleichzeitig finanzielle und logistische Herausforderungen in der afrikanischen Region anzugehen.
Positive
- Secured new partnership for minerals and precious metals export from Africa
- Potential one-year contract with monthly gold shipments pending successful trial
- Integration with Bloxcross’ trade finance platform for improved transaction efficiency
Negative
- Initial trial shipment success not guaranteed
- Final shipping dates still pending confirmation
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) — JP3E Holdings, Inc. (OTC: SPZI) is pleased to announce a new partnership for sourcing and exporting minerals and precious metals, including rare earths, copper, zinc, and cobalt, from the African continent to global buyers. This collaboration marks a significant milestone in JP3E’s expansion of its global trading business, supported by Bloxcross’ proprietary trade finance platform.
The first gold shipment under this partnership is scheduled for delivery to a leading South Korean metals processor as an initial trial. If successful, this will initiate a one-year contract, with monthly gold shipments to follow. Updates will be provided as final shipping dates are confirmed.
This partnership highlights the strength of JP3E’s innovative trade finance solutions, developed with Bloxcross, which are designed to streamline and secure global transactions. The platform enables faster, more efficient trade, enhancing transparency and precision in trade finance and positioning JP3E as a leader in the commodities market.
John K. Park, Chairman and President of JP3E, commented, “This partnership is an extraordinary achievement, highlighting the talents and resources of both companies. By combining our strengths, we expect to create impactful opportunities for sustainable growth in the commodities market.”
Diego Baez, CEO of JP3E and Bloxcross, added, “Our focus has been to secure a reliable source of minerals from Africa while addressing the complex financial and logistical challenges in the region. Through our partnership with JP3E and local partners in Africa, we believe we have developed a scalable, lasting solution that benefits both producing countries and global buyers.”
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For additional information on the Global Trade Financing Platform via Bloxcross, Inc., reach out to sgallegos@bloxcross.com
About JP 3E Holdings, Inc.
JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.
About Bloxcross, Inc.
Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit
Company Contact:
John K. Park, Chairman
john.park@jp3eholdings.com
732-241-0598 Office
Websites:
https://www.jp3eholdings.com/
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E-Mail: info@jp3e.com
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, and estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.
FAQ
What is JP3E Holdings (SPZI) new partnership about?
JP3E Holdings has partnered to source and export minerals and precious metals, including rare earths, copper, zinc, and cobalt, from Africa to global buyers using Bloxcross’ trade finance platform.
What is the first shipment planned by JP3E Holdings (SPZI)?
The first shipment will be a gold delivery to a leading South Korean metals processor as an initial trial, which could lead to a one-year contract with monthly shipments.