Posted on 14 Jul 2023
Malaysia-based commodities trading firm Enegra’s subsidiary Enegra Energi Indonesia has entered an agreement with nickel firm Sulbar Logam Indonesia (SLI) for the supply of nickel, Kallanish notes.
Under the terms of the agreement, SLI will supply Enegra with a minimum of 20,000 tonnes of nickel sands per month sourced from Sulawesi, Indonesia.
Enegra’s chief executive officer Matthew Averay says that this is an important step in Enegra expanding its commodity offerings and utilising its existing commodity trading platform to cover multiple energy-related commodities.
“We are extremely pleased to be partnering with SLI, given their extensive experience in mining operations and logistics, particularly in the Sulawesi region,” he adds.
Enegra is a firm that partners with mid-tier miners in Southeast Asia by contracting to offtake their production to trade on global physical commodity markets. It has audited net assets of over $61 billion.
Source:Kallanish
