Our Group

Evernal Energy (Evernal) is a high growth energy asset manager and commodity procurer operating in Southern China.

Evernal was incorporated in Singapore in 2003. Evernal’s CEO is Mr Chau Kim Wa, and Mr. Ivan Chau manages Evernal’s commodity procurement operations.

A significant aspect of Evernal’s current operations and source of growth is the physical procurement of high quality coal (both thermal and coking) sourced from throughout Australasia, both for our Group’s use as well as for other end-users located primarily in China’s Guangdong.

Evernal’s suppliers include almost all of the major coal producers in Australia, including BHP, Glencore Xstrata, Rio Tinto, Yancoal, Anglo American and Peabody.

The key comparative advantage of Evernal is its unrivalled reputation in the market held with these major suppliers as a purchaser for the China market, and its ability to match these supply sources with Evernal’s long term bankable customer base in Southern China.

Looking ahead, Evernal’s focus is to move into clean energy generation, beginning with the use of FGD technology in the Group’s existing coal-fired power station, as well as moving into the LNG sector. Evernal has recently begun working jointly with a major Chinese state-owned energy company on the development and financing of a marquee LNG Terminal Project located in Southern China. This will be the first LNG Terminal Project in China developed in part by a local private company.

Part of Evernal’s strategic plan also includes further utilisation of FGD technology.