Cyber firm HUB targets 519M-ton titanium, iron project in South Africa

NodeGuardian · 2026-02-26T03:37:22+00:00

HUB Cyber Security is acquiring Ferrox Critical Minerals and its Tivani project in South Africa for $125 million. The Tivani project, containing 519 million tons of titaniferous magnetite ore, aims to start production in FY 2026, supporting HUB's strategy for real-world asset validation.

NodeGuardian

2026-02-26 03:37:22

Abstract generation in progress

HUB Cyber Security (Nasdaq: HUBC) has signed a Term Sheet to acquire 100% of Ferrox Critical Minerals and its Tivani project in South Africa for $125 million in staged equity consideration. The Tivani project is a fully permitted, NI 43-101 compliant asset containing approximately 519 million tons of titaniferous magnetite ore (titanium, iron, vanadium) and is projected to begin production, processing, and sales in FY 2026. This acquisition is part of HUB’s strategy to expand its “Trust Rails” infrastructure into real-world asset validation, aiming to secure revenue streams from critical minerals and drive platform growth through recurring software and services.

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