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 via DSX Asia

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 9 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.

Buy EGX Via Private Placement

Please contact [email protected] for more information about our ongoing private placement of EGX to institutional and accredited investors.

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.

Mark Darras has extensive experience in corporate law, organisational restructuring, directors duties, and works with Board leaders advising on takeover preparedness.

Mark was previously with Ashurst Lawyers, and has served as Chair or Deputy Chair (including board committee leadership roles) on various boards including Australia Post, John Holland Engineering, the Telecommunications Universal Services Management Agency, the South Australian Forestry Corporation, and has also served on the Takeovers Panel.

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 via DSX Asia

Industry News & Views

15 December 2020

Indonesia’s Electric Vehicle Commodities

Electric vehicles will drive the growth of Indonesia’s commodity sector.

Indonesia has extensive plans to leverage its commodity deposits to develop a thriving electric vehicle industry within the country. The nation has a basket of valuable minerals which are being viewed with enthusiasm in light of the growing international demand for electric vehicles. Not only will this demand facilitate new industries within Indonesia, but it will also strengthen Indonesia’s existing commodities supply chains. As international markets for electric vehicles expand there are significant new opportunities to capitalise on within Indonesia’s mining sector.

“The lithium is two percent of the cell mass [in our batteries]. So it’s like salt in the salad; it’s a very small amount of the cell mass and a fairly small amount of the cost. But it sounds like it’s big because it’s called ‘lithium ion’, but really, our battery should be called ‘nickel graphite’, because it’s mostly nickel and graphite.” — Elon Musk

Technology mogul Elon Musk makes an important distinction. Electric vehicles rely on batteries which are produced from a number of different mineral components, of which lithium is just one. It is their basket of necessary commodities which gives Indonesia a significant advantage when it comes to the development of electric vehicle batteries. Very shortly this will become a thriving marketplace that will create new business opportunities.

Indonesia’s location along the “Ring of Fire” means it has over 100 volcanos stretching along a crescent encompassing thousands of islands. Ancient geological activity has given the nation an abundance of mineral deposits, along with some of the most productive mines in the world. It is these resources and the existing mining sector which Indonesia intends to leverage for the growth of their electric vehicle industry. Nickel, cobalt, lithium, graphite and copper are all found in Indonesia’s archipelago and represent the vital basket of commodities necessary to produce batteries for electric vehicles. The primary mineral necessary for electric vehicle batteries is nickel and Indonesia has the world’s largest reserves. The country’s Energy and Mineral Resources Ministry estimates that Indonesia currently has more than 50 million tons which could last over 30 years.

Three of Indonesia’s largest state-owned businesses are joining forces in the push towards developing the domestic electric vehicle battery industry. The national oil and gas company Pertamina, recently rebranded state mining holding company Mind Id and electricity giant PLN intend to found a state-owned battery holding company. This new entity will develop an end-to-end domestic supply chain for electric vehicle batteries. It is estimated that global demand for batteries will increase by 400% within the next seven years to 777 gigawatt-hours (GWh). Indonesia intends to produce between 8 and 10 GWh yearly as it ramps up supply over the next four years. Indonesia’s President Joko “Jokowi” Widodo has set a target of having 20% of cars be electric within the next five years.

To encourage foreign direct investment in this industry Indonesia recently passed a new Omnibus Law which intends to improve the investment landscape. The country has often been criticised for high levels of bureaucracy and in 2019 the World Bank ranked Indonesia number 73 out of 190 countries in their Ease of Doing Business Index. The new laws signal Indonesia’s desire to improve this ranking which the government intends to raise to 40 within the next four years.

After talks with Jokowi last week, Elon Musk has agreed to explore opportunities for both Tesla and SpaceX within Indonesia. Leveraging Indonesia’s nickel supplies for electric vehicle batteries holds synergies for both parties. Elon Musk provided insight into his perspective earlier this year when he tweeted:

“Nickel is the biggest challenge for high-volume, long-range batteries! Australia and Canada are doing pretty well. US nickel production is objectively very lame. Indonesia is great!

Other global manufacturers also have ambitions to invest in Indonesia and its nickel reserves. One of the world’s largest car battery manufacturers, Contemporary Amperex Technology from China, has announced plans to construct a $5.1 billion battery plant in the country. Japan’s Toyota recently pledged $2 billion worth of investment towards developing 10 different types of electric vehicles within Indonesia. Toyota intends to transform the country into a global hub for electric vehicle exports within the next five years. Hyundai Motor of Korea has also committed $1.55 billion in investment towards an electric vehicle manufacturing plant in West Java, which will become operational in 2021.

These illustrious names combined with Indonesia’s mineral reserves guarantee the success of this new industry in Southeast Asia’s largest economy. All the necessary components are aligning — the political will, foreign investment and the necessary natural resources. As the industry grows there will be an abundance of new business opportunities to capitalise on within Indonesia’s commodity 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 enquiries related to the purchase of EGX please contact [email protected]

Indonesia’s Electric Vehicle Commodities was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

9 December 2020

The Advantages Of Commodities Trading On The Blockchain

Outdated commodities trading systems will soon be upgraded through blockchain technology.

As with so many other industries blockchain technology will soon have a significant impact on how commodities are globally traded. The technology is already impacting the process of commodities mining and as we have covered in a previous article, the implementation of blockchains will impact every stage of the supply chain. Some of the most interesting and lucrative opportunities will present themselves in the trading of commodities on emerging blockchain markets. Although his actions may not always have matched his eloquence, Barak Obama was correct when he said:

This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favours the few, and not the many.

Trading of digital assets represented on blockchains is growing. Initially, there were exchanges for trading cryptocurrencies but the market has since expanded into a vibrant industry that represents a variety of asset classes. Security tokens represent traditional securities on blockchains and combine the value of securities with the benefits of digitisation. When the trading of commodities begins to take place on digital exchanges we will see trillions of dollars flowing into the sector. We have previously discussed how the valuation of commodities will have a transformative effect on global blockchain valuations that will outshine the valuations of cryptocurrencies.

Gold is a useful example when discussing how commodities can be digitally traded. As one of the oldest asset classes gold is often at the forefront of systemic global changes. The implementation of blockchain technology in the gold industry is two-fold.

Firstly, by registering gold on a blockchain the opportunity exists to track its movement across the supply chain — from miner to consumer. This has the potential to reduce bad actors in the marketplace as educated consumers can choose to purchase gold that has not been mined with child labour or environmentally harmful practices. We have not achieved this vision yet but the structure for such processes is coming into focus through systems like De Beers’ tracking of diamonds on a blockchain.

Secondly, once gold is represented by security tokens on the blockchain it can be globally traded without the physical gold needing to leave the vault. This mirrors what already happens in traditional markets and the LBMA’s bullion vaults but solves additional problems. Manipulation within precious metals markets is not merely conjectured it is fact. When trading of precious metals is conducted on publicly visible blockchains, corruption will be significantly reduced. Trading gold without it leaving the vault reduces the costs of ownership and provides greater liquidity because it can be continuously and globally traded. In these cases, the price of gold-backed security tokens like MetalStream’s MSGLD could carry a premium over physical gold.

The implementation of blockchain technology in commodities trading has the possibility to open commodities markets to a greater number of participants. This will bring liquidity into markets but also allow smaller investors to participate in the sector. This participation has the potential to adversely impact smaller investors but will also bring opportunities to profit and change their economic positions. Security tokens can be fractionalized and do not require a broker to purchase or trade. This fact allows smaller investors to own and trade commodities and participate in markets which until now have been out of their reach.

All of this can be achieved from a smart device in any home and it is in Asia that we expect to see the greatest adoption of the technology. The World Economic Forum estimates that there will soon be 2.4 billion new members of the middle class and that 90% of them will come from Asia. This will give the region the largest global GDP and provide savings which can be utilised for investment purposes. Given the strong belief in wealth creation held by Asian investors the ability to easily invest and trade in blockchain-based commodities markets should be highly appealing.

It is becoming clear that the tokenisation of commodities will have positive impacts for all market participants. By reducing the barriers to entry it will bring greater liquidity into the markets that will benefit miners and logistics operations. Smaller investors will have the opportunity to invest in a sector which has previously been inaccessible. The accountability and transparency of blockchain technology will help reduce the exploitation of both people and the environment and reduce overall costs. It is rare in life that we witness systemic changes which represent improvements for the public, the environment and producers but we see it now in the tokenisation of commodities.

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 [email protected]

The Advantages Of Commodities Trading On The Blockchain was originally published in Enegra on Medium, where people are continuing the conversation by highlighting and responding to this story.

1 December 2020

The Synergistic Relationship Between The Blockchain, Commodities Trading & Mining

As commodities begin to be represented on the blockchain they will add significant value to the industry.

The global adoption of blockchain technology is rapidly impacting a number of important industries including the market for commodities. As blockchain systems are implemented across the mining and commodities sector they promise to deliver efficiencies and liquidity that has been previously unattainable. Not only will blockchain technology add value to the industry but through a symbiotic relationship, commodities will bring value to the market for blockchain technology.

The circulation of commodities is the original precondition of the circulation of money” — Karl Marx

In previous articles, we have discussed how blockchain technology will improve efficiencies in mine logistics across the commodity supply chain. The valuable contributions that it will bring to commodities mining will improve efficiencies, reduce risk and minimise losses for operators. These enhancements will allow commodities to reach the market with less friction and should ultimately reduce the cost of commodities mining. If these cost savings are passed down the supply chain the impact will be felt in numerous industries and ultimately by the consumer.

Improving the efficiency of mining operations will be a driving force for the adoption of blockchain technology but there are also benefits to be derived from trading using blockchain-based systems. As commodities begin to be listed on blockchains for trading purposes they will bring value to the market capitalisation of the blockchain industry as a whole. This in turn will drive greater adoption of the technology and increase development budgets.

There are more than 100 commodity exchanges globally which trade in over 70 types of commodities. These exchanges make it possible to trade in futures contracts that use commodities as their underlying asset. There are two types of commodities traded around the world. Hard commodities are natural resources extracted from the planet such as precious metals, base metals and energy products. Soft commodities represent livestock and agricultural products such as soybeans and sugar. Blockchain technology is optimising the production and delivery of these commodities to the market but will also improve how these commodities are traded.

The global market capitalisation of cryptocurrencies is currently over $555 billion with the three largest coins being Bitcoin ($342 billion), Ethereum ($66 billion) and Ripple ($28 billion). It is expected that the values of these coins will grow but the introduction of commodities trading onto blockchains will drive significant liquidity and resources into the marketplace. This trend is mirrored by the growth of securities on blockchains. A recent HSBC bank report estimates that the value of the global market for securities is currently worth $178 trillion and the bank believes that by 2027 the market for digital securities will be worth $24 trillion. It is evident that the market for digital securities is potentially far larger than the market for cryptocurrencies, the same will be true for commodities.

Like cryptocurrencies commodities which are listed on digital exchanges can be continuously and globally traded. This opens the market to a greater volume of participants which increases liquidity. It will soon be possible for people with a smart device and internet connection to trade in global commodities as they become listed on blockchain-based exchanges. One of the biggest markets for these digital products is expected to be Asia and the Enegra Group is ideally positioned to capitalise on this growth. The benefits that blockchain technology will bring to the process of trading commodities are significant and we will cover them in our next article.

It is evident that the global market for commodities dwarfs the market for cryptocurrencies. Some estimates have put the market size for commodities above $20 trillion but it is hard to ascertain its true value. The largest coal miner in the world is currently BHP which has a market capitalisation of over $146 billion. If BHP were to list their equity on a blockchain they would be catapulted into the second-largest asset by market capitalisation on any blockchain. Listing commodities and corporate entities on blockchains vastly increase the size of the market for digital assets and as adoption increases, the budgets for technology development will grow.

A fascinating process is unfolding to reveal the symbiotic relationship that exists between the implementation of blockchain technology in commodities mining and mining’s potential to grow the market for blockchain-based products. This relationship will be optimised through the introduction of commodities trading on digital exchanges. Mining supply chains, commodities trading and the growth of the blockchain industry are interconnected. These synergies are powerful and bring strength to a burgeoning industry.

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 [email protected]

The Synergistic Relationship Between The Blockchain, Commodities Trading & 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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