Adex Mining: Funding, Investors & Team (Aug 2026)
Adex is unique among mining companies worldwide. Their Mount Pleasant Mine property in New Brunswick, Canada, hosts two distinct deposits: the Fire Tower Zone and the North Zone. The Fire Tower Zone is situated in the southeastern part of the Mount Pleasant property and hosts significant resources of molybdenum and tungsten. The North Zone, situated in the northwestern part of the property contains one of the globe's richest and largest known indium resource, and one of North America's largest tin resources. Tin and indium are vital to the LCD screen technology sector while tungsten and molybdenum are vital to the automotive, petroleum and nuclear industries—all high-growth sectors. Adex investors thus hold a strategic, pivotal position in these expanding parts of the economy.
Adex Mining has raised $1.0M across 1 funding round on record, the most recent an undisclosed round of $1.0M announced in Mar 2024.
That round is below the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.
Adex Mining Company Profile and Key Stats
Latest funding round on record: Mar 2024.
Adex Mining Funding Rounds
Adex Mining Founders and Leadership Team
No contact details are on record for this team yet.
Adex Mining Funding Compared to Other Natural Resources Startups
Adex Mining's latest round of $1.0M is below the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.
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Adex Mining Funding FAQs
What does Adex Mining do?
Adex is unique among mining companies worldwide. Their Mount Pleasant Mine property in New Brunswick, Canada, hosts two distinct deposits: the Fire Tower Zone and the North Zone. The Fire Tower Zone is situated in the southeastern part of the Mount Pleasant property and hosts significant resources of molybdenum and tungsten. The North Zone, situated in the northwestern part of the property contains one of the globe's richest and largest known indium resource, and one of North America's largest tin resources. Tin and indium are vital to the LCD screen technology sector while tungsten and molybdenum are vital to the automotive, petroleum and nuclear industries—all high-growth sectors. Adex investors thus hold a strategic, pivotal position in these expanding parts of the economy.
How much funding has Adex Mining raised?
Adex Mining has raised $1.0M across 1 round on record. The most recent is an undisclosed round of $1.0M announced in Mar 2024.
When did Adex Mining last raise funding?
Adex Mining's most recent funding round on record is an undisclosed round of $1.0M, announced in Mar 2024.
Who founded Adex Mining?
FundedIQ lists Kabir Ahmed (Founder) at Adex Mining.
Where is Adex Mining headquartered?
Adex Mining is based in Toronto, Ontario, Canada.
How many employees does Adex Mining have?
Adex Mining is in the 1-10 employee band.
How does Adex Mining's funding compare to other Natural Resources startups?
Adex Mining's latest round of $1.0M is below the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.
About FundedIQ's Adex Mining Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Adex Mining is left off this page rather than filled in.
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