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BME Business

oboloo Glossary

BME Business

BME Business

BME stands for ‘business-to-mine’ and is a type of procurement that is becoming increasingly popular in the mining industry. In this type of procurement, businesses provide products or services to mining companies in exchange for access to mineral resources. This arrangement can be beneficial for both parties involved, as it can provide miners with a steady supply of high-quality products or services, and businesses with a secure source of raw materials.

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