Robert Friedland notes Abaxx is disrupting commodity exchange models

Robert Friedland notes Abaxx is disrupting commodity exchange models
Abaxx seeks new commodity market path

Abaxx is positioning itself at the forefront of innovation in commodity market infrastructure. Robert Friedland has congratulated Josh Crumb and the Abaxx team, likening the company's approach to marketplace management to Uber's disruption of the taxi industry. Rather than simply providing a venue for buyers and sellers to meet, as is common with traditional commodity exchanges, Abaxx seeks to own and manage the underlying systems for commodity trading. Friedland's comments suggest that Abaxx's strategy could significantly reshape how commodity markets operate, emphasizing the importance of novel technology-driven solutions.

Friedland has previously highlighted supply-side developments such as the cutbacks by major Chinese zinc smelters that could keep prices elevated. He has also pointed to the importance of critical minerals like copper and nickel for new technology and industrial growth. These statements reflect his ongoing focus on the intersection of resource markets and technological innovation.

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