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.

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).

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

2 March 2020

Mining’s Push Towards Renewable Resources

A combination of environmental principles and economic practice

With the greater access to information that the digital economy brings, the world is beginning to demand greater accountability from mining operations. This push towards reducing the environmental impact of mining is mandating that existing technology be pushed to meet the demanding requirements of mining environments.

In a recent statement, Rio Tinto announced that it intends to construct its first solar plant to power a mining operation. The goal of reducing the carbon emissions of mines is not easily implemented and presents a variety of challenges to the industry. The Anglo-Australian mining behemoth intends to invest up to $98 million constructing a 34-megawatt PV array combined with a gigantic 12-megawatt-hour lithium-ion battery system delivering power to its Koodaideri mine located in Western Australia. This impressive solar plant is expected to be completed sometime next year and should hopefully encourage other miners to optimise their operations towards carbon neutrality.

It is a testament to the enormous amount of power consumed in the mining process that the planned solar array is expected to cover all the mine’s electricity needs during the peak solar generation hours and up to 65% of the overall power consumption. Chris Salisbury is Rio Tinto’s chief executive for iron ore made this statement:

“We are investigating additional renewable energy options in the Pilbara as well as other opportunities to reduce emissions across our entire global portfolio.”

It is evident that a move towards reducing the carbon footprint of mining is underway around the world. Only a decade ago the concept of a mine operating under fully renewable power was only a concept but another Australian mining giant BHP recently announced plans to power two of their Chillaen mines fully with renewable energy within the next few years. One of these mines is Escondida which is acknowledged as the world’s largest copper mine. The conversion of the site to a fully solar-powered operation is estimated to require up to 2 gigawatts of solar energy. As usual, this push towards sustainability is not purely altruistic as BHP is expecting its energy costs to be reduced by 20% through renewable power agreements.

These are not isolated examples of progression as this seems to be a trend across the industry. Anglo American plans to power all its Chilean mining operations with renewable energy from 2021 onwards. They are also in the process of developing the largest hydrogen-powered mine haul truck in the world and it is expected to begin testing this year.

These steps seem positive but it will take some significant time for the mining sector to transition into fully renewable energy operations. What is clear is that this process is being encouraged by societies growing awareness of ecological practices. According to John O’ Brien from Deloitte Australia:

“Focus and commitment to decarbonisation vary across the industry, and it is hard to rank the overall sector. In many mature markets, there are companies that lead other sectors, but in other geographies where companies are not under the same investor or community pressure, they would lag other sectors. [Mining companies] must take a strong position on emissions reduction, both in terms of declared targets and then through tangible actions.”

It is positive to see progress in the mining industry reducing the environmental impacts of extraction processes. However, it is the push to reduce operational expenditure that is clearly a driving force for those large miners able to afford the improved technology. As the technology matures we should see it become more affordable and trickle down to junior miners. Regardless of the fact that many of these improvements are motivated by economic decisions any reduction in the environmental impacts of mining operations results in a positive impact for both industry and the environment.

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.

Mining’s Push Towards Renewable Resources was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

17 February 2020

EGX Token Swap

EGX has moved from the ST-20 to T-REX standard

The first versions of the EGX token were created using the Polymath ST-20 standard, on the Ethereum Network. Polymath’s strategy is now to move away from Ethereum and onto their own Polymesh network.

Enegra will be soon selling EGX via private placement and a subsequent public offer, prior to our planned listing of EGX on a regulated exchange in June. We believe the future of security tokens relies on creating a frictionless environment with the largest possible number of participants, and that a move away from Ethereum will not help provide liquidity for EGX holders.

As such, we have moved EGX onto the T-REX standard developed by Tokeny.

Why T-REX?

Usage of T-REX allows for the issuance of security tokens and their subsequent transfer in a compliant way, with a particular focus on KYC and AML regulations.

The regulations applicable to tokenized securities are still evolving in many countries and are expected to change over the next few years. The T-REX standard was built in a modular and flexible way that allows us to change the compliance rules for transfers at any time, keeping up with any changes in regulations.

Of particular interest to us, is that T-REX is the only token standard including an identity management system to control the transfer of securities ownership on the blockchain, OnchainID. Having a third-party verify the claims of a token-holder and storing that verification on-chain, means that the token-holder is now able to take part in various primary market token offerings and secondary market trades without needing to re-verify or provide documentation.

OnchainID and the T-REX standard are used by a growing number of providers in token issuance, primary offerings, and secondary trading. This growing eco-system will help to ensure the liquidity of EGX.

Token swap is now complete

We have issued 100,000,000 EGX from the new contract address to EGX holders, and have burned all 100,000,000 EGX from the old contract address.

EGX holders can view their holdings directly on Etherscan, or they can add the new token address to MetaMask, MyCrypto, or any other wallet supporting ERC-20 tokens.

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.

EGX Token Swap was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

12 February 2020

Green mining technologies improving the mining industry

The technology driving mining efficiency

The terms “mining” and “green” haven’t traditionally sat comfortably together but things are starting to change. As the world begins to demand greater environmental accountability, mining operations are implementing technologies that reduce the environmental footprint of mining vital materials.

What actually is green mining? Green mining defines a mixture of technological advances and best practices to achieve the extraction of minerals and metals while mitigating the environmental impacts of the process. There are several key parts of the mining lifecycle that this philosophy can be applied to such as power consumption, water usage and mine decommissioning. It is technology which holds the key to reducing the environmental impacts of mining as we require greater quantities of material to supply global demand.

Like other industries, the power requirements of mining can be optimised to reduce resource strain. Mines utilise an enormous amount of power for machinery and extraction processes. As the demand for raw materials increases through population growth, the power consumed by industry continues to rise. Improvements in how power is supplied to and used by mines are essential to reducing the environmental impacts of mining. New automated technologies are improving energy efficiency. This is an example of aligning benefits between both miners and the environment. A reduction in power costs is driven by a desire to increase profits. The environmental impacts are reduced as a byproduct.

Clean water is a vital resource and mining is an industry that utilises a lot of water. Another major environmental issue surrounding mining are the ways water is utilised during the mining process. Water is intrinsic to almost all aspects of mining operations and it is estimated that the mining industry utilises around 20% of the world’s water supplies. One of the ways in which water management is improving is through the implementation of real-time calculations to accurately identify water requirements. Previously, miners would budget their water requirements based on averages but enhanced technology is improving the accuracy of measurements. This allows miners to accurately assess their water requirements and reduce water wastage. Again there is an alignment between the drive for profit and a reduction in environmental impacts.

Another primary factor in the impact that mining has on the environment is what happens to mines after they are closed. Mines have a lifecycle that reflects the volume of extractable materials in the location. When mines exhaust the minerals or metals they are decommissioned and this has caused significant environmental damage in the past. However, things are changing and new approaches to mine decommissioning now include considerations for soil recovery and the planting of trees. In Canada there is a move towards planting energy crops on mining land that has been rehabilitated using organic wastes. This adds another dimension to mine commissioning as the land can produce biofuels which contribute to power requirements. The most progressive regulations globally now stipulate the processes for mine decommissioning so that miners can plan and communities can set their expectations.

The importance of improving the implementation of these three processes cannot be overstated. However, without continued investment in the research and development of these technologies, we will not make significant progress in reducing minings impact. Research and development is unachievable unless there is an investment in the scientific infrastructure supporting them. A reduction in the mining footprint is reliant upon investment in new green technologies that can be efficiently and unobtrusively integrated into existing mining operations. The technologies we can expect to see develop the fastest are those which reduce environmental impacts while improving profitability for miners.

Pressure from the public is one of the most effective methods to challenge the actions of large industries. We have already seen a shift in the coal mining industry as the major players exit the sector in favour of more socially palatable operations. This does not mean that there will be a reduction in coal mining as the world is still very much reliant on coal for its energy supplies. As the bigger players move out of their coal mines smaller miners will take their place. To avoid further environmental impacts from smaller miners with less robust technology it becomes even more important for communities to implement environmental risk mitigation strategies that will encourage best practices within the mining sector.

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.

Green mining technologies improving the mining industry was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

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