Powering global trade

Enegra develops solutions for every participant in the global trade eco-system, from finance to logistics, asset authentication, dematerialisation, and trading

EGX management now available online

From Australia, to Asia and the world

Trade innovation is in our DNA. We have been creating legal, financial, logistic, and technology solutions for commodity trading for over 8 years.

In 2011, Enegra saw an opportunity to apply their expertise in finance, trade and logistics to reduce the risk of sourcing and trading commodities from emerging economies. Application of Enegra's model to the global coal market resulted in Enegra consolidating output from various Asian producers and becoming one of the largest owners of offtake in the world.

Enegra have grown quickly from humble beginnings in Australia to a $27B capitalisation, with their Head Office in Malaysia and multiple subsidiaries in Australia, Singapore, and Indonesia. This rapid growth was enabled through the development IP for every step of the commodity life-cycle, including new models for derivative and margin pricing and the application of AI/ML, blockchain and other emerging technologies.

Enegra's IP, combined with their local market knowledge and relationships, allows them to both control and profit from every step in the commodity life cycle, while ensuring that all participants in the wider trade eco-system also benefit - including the local community.

EGX Security Tokens

We have tokenised 100% of the equity in Enegra Group Ltd, with equity represented by the T-REX compliant EGX security token issued on the Ethereum blockchain (ISIN: MYA159590209).

There are 100,000,000 EGX issued to represent the 100,000,000 ordinary shares of Enegra Group Ltd. The shares are held by a licensed Trust Company as Nominee on behalf of EGX token-holders, and all rights and distributions are passed on to EGX token-holders, including distributions and voting. As EGX are securities, in order to purchase EGX, investors need to first pass KYC/AML checks and be whitelisted. Once whitelisted, investors can buy and sell EGX via the Bancor Network, using ETH and various other tokens.

Buy EGX Now With Bancor

Please contact support@enegragroup.com to purchase EGX via USD, EUR, or BTC.

Our people, the key to our success

Board of Directors

Our board of directors has the full set of skills and experience necessary to develop world-class solutions, and manage a growing global business.

Matthew is an accomplished executive with extensive experience in banking, trade finance, commodity trading and logistics. He has a track record with executive boards formulating strategies and executing on time and within budget.

Prior to Enegra, Matthew worked in Westpac Institutional Banking, managing a portfiolio in excess of $500M, broking acquisitions and leveraged buyouts.

Matthew has a B.Com (Banking, Corporate, Finance, and Securities Law).

Eli is a technology and startup expert, with over 25 years hands-on operational and leadership experience in various industries and locations, specialising in the application of disruptive technologies and paradigms to transform organisations and industries - from Aviation in New Zealand to Telecom Services in Africa.

Eli is currently CEO of Blockchain Labs Asia and focused on FinTech, with ventures changing how people work and live, leveraging new technology to get things done – faster, cheaper, easier, better, and in a more people-oriented way.

David has over 30 years of international experience across investment banking, corporate advisory, corporate public relations and capital raising services within the natural resources sector. He is currently CEO of Canamex Gold Corp and a Director of Arizona Silver Exploration Corp, Canadian listed public companies.

David was previously a Sr executive with BAE Systems, focussed on international business development, financing, management and marketing within the UK, the Middle East and Europe. Senior commissioned officer (Engineer and Pilot) in the Royal Australian Air Force.

He has a B.Eng, and Dip. FP.

Jeremy is CPA qualified and has a very strong commodity, treasury and financial markets background having worked 25 + years in a variety of large corporate and banking roles in Australia and the United Kingdom.

Jeremy is the founder and current managing director of Apxium, a financial technology business specialising invoice financing and payments.

Jeremy has valuable commodity experience from his time jointly managing the worlds largest gold hedging book at Normandy Mining and also trading precious metal at Pru-Bache in the UK. He is also a former treasurer for the South Australian Energy Network (ETSA).

Tony brings over 20 year's experience as a company director and entrepreneur in the UK, and is one of the original shareholders in Enegra.

He is currently Managing Director and co-founder of CVAM Ltd. Incorporated in 2000, CVAM has now grown to be one of the most successful independent companies of its type in the UK, trading in transportation assets across home and export markets, specialising in Africa.

Tony also acts as an advisor to a number of major FTSE100 financial institutions based in the UK, advisong on future residual value risk and exit strategies for their transportation and logistics portfolios.

Advisory Board

Our advisory board gives us the confidence to work in uncharted waters, knowing we have such deep experience to call on.

Alex has over 20 years’ experience working in the Financial Markets as a trader and broker with a specialisation in Options trading. With experience in Foreign Exchange, Fixed-Income and most recently, Commodities, he has a strong sense of Macro Fundamentals and Technical Analysis.

Alex is based in the UK and is delighted to work with Enegra to build out their trading operations globally. Alex has also followed the blockchain and digital securities sectors from inception and has a keen interest in Enegra’s development in this area.

Oliver Scott-Simons was formerly a director and head of Asia FX Correlation Option trading at Barclays Singapore and previously worked a several top tier banks in London spanning 13 years in front office trading up to 2015.

Since then Oliver has been consulting for a large bank in south east Asia and has founded two companies; Tronn (cloud based quantitative analytics) and Invariance (systematic trading in FX, commodities and crypto using machine learning techniques).

Oliver has a degree and masters in mathematics from Imperial College London.

Powering global trade

Enegra develops solutions for every participant in the global trade eco-system, from finance to logistics, asset authentication, dematerialisation, and trading

EGX management now available online

Industry News & Views

18 May 2020

Blockchain Tracking For Onsite Mining Processes & Resources

Improving the way resources are accounted for on mining sites

As blockchain technology starts to be implemented across the mining sector there are myriad benefits to be capitalised upon. The opportunities for environmental and ethical accountability that blockchain can deliver have been previously identified but further benefits are to be derived throughout mining’s onsite activities.

The blockchain is an immutable record of transactions that was first encountered as one of the two core technologies facilitating the bitcoin network. The other key technology was the decentralised ledger so that anyone could host the blockchain, strengthening the network through wider distribution. When the value of a live transparent network of transactions is implemented at a mine site there are major benefits in safety and efficiency to be gained. The key values are derived from reducing the volume of miscalculations because data becomes part of the blockchain it cannot be altered.

Mine sites are notoriously dangerous places as there are often large numbers of people and equipment onsite. The blockchain brings opportunities to track the movements of assets in real-time and share that information accurately across the network, improving safety.

Miners arriving at the site can have their identification entered onto the mine blockchain. All members who have access to that blockchain will be simultaneously aware of who is within the network. This knowledge can be used to track movements and in the event of an accident accurately identify which resources were involved.

The same is true for the efficiency of mining operations. Systems which are based on immutable information are inherently more robust. Such accountable data tracking opens up opportunities for granular and accurate analysis of processes, generating potential efficiencies. As usual, when technology can assist in saving money for operators either through efficiencies or in the potential reduction of injury payments it should be swiftly adopted.

Equally important for the safety of miners as well as the productivity of a mine site is the management of vehicles and goods. An immutable distributed ledger for the movement of vehicles and assets will augment and improve the value of existing satellite management systems. Mining vehicles are enormous and often operate in less than ideal conditions. Any opportunity to improve the accuracy of those systems can only improve safety on mine sites. The blockchain can help to ensure that the data regarding the movement of mine vehicles are accurately maintained across the network in real-time.

The production of OEM mining equipment also stands to benefit from blockchain technology. Mining equipment needs to operate in a high-performance environment and often comprises parts sourced from a variety of vendors. During a critical equipment failure, it is often only the OEM who has a full understanding of what parts came from which vendors. With blockchain technology, a miner trying to identify a part failure history can be given the right to see the relevant data for that particular part. This speeds up the process, improving both efficiency and safety.

This use of blockchain to manage mission-critical documentation can be extended to the wider documentation associated with mine sites. The exploration, estimation of resources, planning and design of mines all generate large amounts of important data. Keeping a record of this documentation on an internal blockchain can help to improve the mechanisms of custody and control throughout the process. A blockchain would also assist in maintaining the traceability of the estimation of resource reserves. Smart contracts could be used to reduce inaccuracies bringing associated confidence in stated resource reserves to the marketplace reducing the risks of speculation.

We can see that blockchain technology has the capacity to vastly improve the safety and efficiency of mining operations. From the management of data through to the movement of people and assets across a mine site, recording actions on a blockchain will improve both safety and efficiency. As the technology matures further uses for blockchain will become apparent and like other industries will be increasingly adopted across the mining process.

Enegra Group Ltd (LL15959) is a commodity trading company focused on resources in Southeast Asia. Equity in Enegra has been tokenised via the EGX security token. For enquires related to the purchase of EGX please contact support@enegragroup.com.

Blockchain Tracking For Onsite Mining Processes & Resources was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

12 May 2020

Blockchain Technology — Reducing Illegal Activities in Mining

Blockchain Technology — Reducing Illegal Activities in Mining

Technology and consumer pressure combine to deliver accountability.

Blockchain technology offers the opportunity to keep immutable transaction records and share them in real-time across networks. These core capabilities have the potential to impact numerous aspects of the mining industry and provide benefits for miners, contractors and consumers alike.

We live in a global economy that is increasingly conscientious of the provenance of our products and the blockchain provides the mining sector with the ability to deliver assurances that our products are responsibly sourced. In this regard when blockchain technology is applied to mining the potential impact is enormous and can reduce the opportunity for illegal activities across the supply chain.

When consumers vote with their wallets they can sway the actions of industry giants, which has given birth to the notion of corporate social responsibility. One example of consumer power impacting commodities occurred in April 2000 when a campaign to stop Mitsubishi producing industrial salt in Mexico was successful. In this instance, the project was set to extract salt from seawater at the Vizcaino Biosphere Reserve, a World Heritage Site. This project could have threatened a whale breeding ground but was stopped through consumer pressure.

Although the mining of resources is essential to our modern society there are many issues associated with unscrupulous and illegal mining operations. The ability of the blockchain to provide accountability throughout the supply chain can bring greater transparency to the consumer and enhanced protection for both the environment and miners.

Tracking and tracing the provenance of important minerals such as diamonds and cobalt are some of the first commodities to benefit from blockchain technology. The actions of every participant in the supply chain can be identified by consumers demanding stronger governance. This provides transparency in the supply chain but because each action carries with it an associated digital fingerprint, auditability is also created. Transparency and auditability are powerful tools for positive change.

The ramifications of these changes are significant and could potentially reduce the environmental and human abuse often associated with unscrupulous mining practices. Improvements due to the transparency and auditability of the blockchain ensure consumers have access to the knowledge required to make informed decisions and demand best practices from the industry. The knowledge has the potential to drive unscrupulous actors out of business and set new standards in ethical behaviour.

The diamond mining giant De Beers is implementing the blockchain for exactly this purpose. In this new system each time a diamond changes hands it will be logged on the blockchain providing the consumer confidence in both the purity and provenance of that diamond.

A De Beers spokesperson stated that their Diamond Blockchain Initiative will be used to “Create a highly secure, decentralised, tamper-proof and permanent digital record for every diamond registered on the platform, as an added layer of assurance not previously possible.”

Although the support of an industry whale such as De Beers is important the participation of other actors in the commodity lifecycle is essential. Traders, jewellers and retailers must also demand transparency for the products they handle. The fact that the blockchain ledger can be opened to the consumer will help to encourage these participants to engage with the blockchain ecosystem as those community members who do not can be easily identified and shamed. Here we see how consumer pressure can influence both large and small players in the industry.

Ores present a different set of challenges for blockchain technology but changes are also happening in this sector. A pilot project in the Congo will use blockchain technology to assign a digital tag to sealed bags of cobalt produced by vetted artisanal miners. This tag can be entered onto the blockchain via mobile phones and will include details such as date, time, weight and potentially even a photo of the bag. Each trader that handles that bag will then update the blockchain with transaction information and this process continues towards the smelter. In this case, all aspects of the ore’s movement down the supply chain are logged and accounted for and vetted by the public.

The exciting aspect of implementing blockchain in the mining industry is that it benefits all actors in the industry. Consumers are given accountability ensuring products are sustainably and ethically sourced, employees are more likely to be treated fairly by their employers and the industry as a whole benefits from the improved speed and efficiency in the supply chain. Blockchain truly is a technology that has broad-reaching benefits for the mining industry, environment and consumer. Nothing facilitates success better than a win, win, win equation and the blockchain is the instigator of this formula.

Enegra Group Ltd (LL15959) is a commodity trading company focused on resources in Southeast Asia. Equity in Enegra has been tokenised via the EGX security token. For enquires related to the purchase of EGX please contact support@enegragroup.com.

Blockchain Technology — Reducing Illegal Activities in Mining was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

21 April 2020

The Growth Of New Blockchain Usage In Mining Operations

Blockchain is improving mining operations.

The global mining industry is about to enter into a new period of technological growth. Implementation of blockchain technology in new and innovative ways will help to improve operations and safety methodologies which have not been possible before. It is interesting to see that a technology initially developed for cryptocurrencies will soon be saving lives and streamlining processes in some of the world’s most challenging mining environments.

As the Enegra Group has moved its ownership to a fully tokenized structure on the blockchain it is relevant for us to follow the development of blockchain-based technologies across the mining sector. As the industry adopts further blockchain-based systems we will be delving into these implementations and elaborating on current blockchain uses in mining through future articles.

One must change one’s tactics every ten years if one wishes to maintain one’s superiority. — Napoleon Bonaparte

The blockchain appeared initially to provide an immutable record of transactions for Bitcoin. Now that immutability is providing opportunities for improving and enhancing mining operations on several levels. Improved mine operations have the capacity to reduce the environmental impacts of operations, improve efficiency and enhance safety standards for miners and communities around the world.

Safety is a key aspect that blockchain can impact in global mining operations. As resources on mining sites become possible to register on blockchains, the opportunities for mistakes and human error can be reduced. In an industry that utilises heavy machinery and dangerous processes, any improvement in safety is welcome. The ability to track and record the movement of machinery and people across a mine site is vital for improving safety. Those benefits are greatly enhanced by an immutable record of tracking which can be shared across all the onsite resources creating a reduction in the opportunities for accidents. In the event of mishaps, the blockchain can be analysed to identify where and when mistakes were made so that they can be eliminated in future operations.

Mines are large operations, encompassing numerous aspects which require significant resources to keep working harmoniously. The blockchain is bringing opportunities for mines to streamline and manage their resources, which can benefit both profitability and the environment.

Supply chain logistics and maintenance functions require coordination and management between multiple parties. These requirements are enhanced by the accountability and transparency that the blockchain can provide. Managing a resource chain across countries or territories is easier when all the relevant personnel involved in the process can instantly understand the status of goods and any blockages in the chain of supply. Likewise, the maintenance of mission-critical parts is improved by blockchain’s accuracy and accountability, greatly enhancing maintenance processes.

Compliance is a further opportunity for the blockchain to contribute to mining operations. As the global awareness of ethical business operations grows, consumers are pressuring corporations to enact sustainable sourcing policies. Consumers are unwilling to purchase products that are the result of environmental degradation or child labour. Consumer pressure is driving some of the largest global corporations to structure ethical sourcing policies and ensure they are enforced.

Blockchain technologies are enabling both corporations and consumers to track the movement of goods and materials from their source into the hands of consumers. Blockchain’s cryptographically secured transactions can be listed on an open ledger allowing all parties in an economy to observe the development of goods from the source, through production and into consumer distribution.

Eventually, entire supply chains will be open to inspection by the public and mining is no different. Although still in the future the first movers to adopt these ethical operations will have a significant market advantage. Given the choice, consumers will choose ethically produced goods and services that they can verify over more opaque products. This will drive further adoption of blockchain-based accountability in the industry.

What is clear is that blockchain technology has the opportunity to impact numerous operations in the mining industry. These impacts should improve safety, enhance operations and supply chains. This should lead to a reduction in accidents, an improvement in operational processes and reduced environmental impacts. It is always amazing when a single technology can benefit all aspects of operations and we shall be looking at these benefits in greater detail in future posts.

Enegra Group Ltd (LL15959) is a commodity trading company focused on resources in Southeast Asia. Equity in Enegra has been tokenised via the EGX security token. For enquires related to the purchase of EGX please contact support@enegragroup.com.

The Growth Of New Blockchain Usage In Mining Operations was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

View all articles

Would you like to know more?

Our team will contact you with more information about our roadmap and potential investment opportunities