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

28 May 2020

Improving Mine Financing Through Tokenisation

Improving Mine Financing Through Tokenization

Security tokens are breaking the control of the finance industry.

The manipulation of the global economy has been shown to happen through the control of the financial system. The same control can be identified throughout major industries and is intimately tied into the control and distribution of capital.

The mining industry is subject to the same financial manipulation as other industries but now blockchain technology is changing the way in which mine financing can be undertaken. We are seeing the same opportunities being created for financing that were created for currency through the development of cryptocurrency.

Senior miners (large global miners) are intimately tied into the global finance and monetary system. Many commentators have speculated that the major shareholders behind the senior mining companies represent some of the biggest names in finance and the wealthiest families on the planet.

Junior miners, on the other hand, are small independent firms beyond the influence and money streams of the finance industry. Junior miners may spend years and millions of dollars on the process of identifying reserves, testing those geological deposits and acquiring the licenses to mine those resources. Prospecting for minerals such as gold is a risky business and for junior miners to reach the point to begin mining represents an investment of significant time and resources.

At this critical juncture, junior miners require finance for building the mines to extract the resources they have identified and secured the rights. Mines are expensive to construct, as each mine is bespoke due to varying regulations, geographical locations and resource requirements. To raise the capital to construct these expensive mining plants junior miners are presented with two options:

  1. Raise interest-bearing loans. If this is possible those loans represent an enormous risk as mine construction can be subject to delays which could spell doom for the miner.
  2. Dilute the ownership of the company through equity offerings. Considering that the share prices for junior miners before mining begins are very low, diluting equity in the company can often be akin to giving most of the firm away.

Neither of these two options are particularly palatable for junior miners. Mostly the only viable option to get funding for mine construction is by diluting the equity in the company. In this respect mine financing is predatory and exemplifies the choke points on industry that global finance covets.

Blockchain technology is changing the ways in which finance can be raised delivering greater transparency and accountability across industries. There are significant benefits to be capitalised upon through blockchain implementation and specifically security tokens.

Security tokens represent traditional securities through digital smart contracts on the blockchain. They can be continuously traded on exchanges to clients throughout the world, so are inherently more liquid than traditional securities. They are also highly secure and in the event of loss can be returned to their rightful owners.

One of the most interesting aspects of security tokens is the fact that they can be fractionalized. Traditionally investment in capital markets has been limited to the wealthiest portion of society through legislation and the high cost of entry. The advent of security tokens means that not only are investors at liberty to invest in projects globally but the cost of entry to the market has also decreased. This is levelling the playing field and creating opportunities for wealth creation to a greater portion of society.

Security tokens represent a shift in the ways in which companies are now able to raise finance. Free from the shackles of the global finance industry, businesses such as junior miners are free to approach a global market of investors. This brings the opportunity for more people to participate and benefit from investment in mines at a critical and potentially lucrative stage of mine financing.

Junior miners are now in a position to tokenise their un-mined mineral resources and sell those tokens at a discount to the global market. Security tokens of this nature represent an immutable receipt for ownership of physical commodities such as gold or silver. Through this process, junior miners can raise finance to construct mines while offering the market a discount on commodities and completely avoiding predatory financing.

Blockchain is bringing a third and innovative financing option to junior miners. This process of tokenisation and fractionalizing of resources is expected to impact a variety of other industries in the near future. The ability to free both industries and investors from the finance industry is levelling the playing field for investment and sharing the benefits with a greater number of people. As we see blockchain technology becoming more widely implemented there will be new and innovative use cases which will be fascinating to watch.

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.

Improving Mine Financing Through Tokenisation was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

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.

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