User:JessZoiti/sandbox
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| GLX Digital Ltd | |
| Company type | Publicly unlisted |
| Industry | Commodities software, LNG, oil and gas, lithium, iron ore |
| Founded | 2016 |
Key people | Damien Criddle, Philip Byrne |
| Products | GLX Cargo, GLX Connect |
| Website | www.glxdigital.com |
Based in Perth, Western Australia, GLX Digital was established in 2016 and develops and sells software as a service (SaaS) applications for the commodities market. The company offers two products: GLX Cargo and GLX Connect. Both applications are provided under subscription license agreements and are private meaning they are wholly owned and managed, including customer and staff access, by the customer.
Products
GLX Digital’s flagship product, GLX Cargo, is a cargo management application developed to automate workflows and help commercial cargo operations teams manage essential aspects of cargo delivery in real time. The software helps cargo operators manage their commodity cargo positions on both the buy-side and sell-side of a transaction.
GLX Connect is a tender and auction application that connects commodity companies directly with their customers and enables them to capture and analyse trade data.
Management
GLX Digital is a publicly unlisted company. It is chaired by Philip Byrne, former executive vice president marketing and trading, commercial and business development at Santos Energy. The CEO is Damien Criddle.
Company history
GLX Digital was established in 2016 for the purpose of developing workflow management software solutions for the global Liquified Natural Gas (LNG) industry.
In 2016 the company launched the GLX Platform, also known as the Global LNG Marketplace, which allowed subscribed members to post offers to sell or requests to buy LNG cargoes, and then let other participants anonymously bid on proposals.
GLX Digital discontinued The Global LNG Marketplace in July 2021. In July 2021 the company launched GLX Connect, a digital tender and auction solution, which is now used in the LNG, lithium and iron ore commodity segments.
GLX Digital launched GLX CARGO in June 2022.
References
https://www.miningnews.net/energy-minerals/news/1414901/pilbaras-lithium-auction-major-success – Mining News. July 2021 – via miningnews.net
https://www.bloomberg.com/news/articles/2016-09-01/lng-trading-meets-ebay-as-startup-launches-online-auction-site – Bloomberg. September 2016 – via www.bloomberg.com
https://www.afr.com/companies/mining/fortescue-tests-new-iron-ore-price-discovery-frontier-20211128-p59cu8 – Australian Financial Review. November 2021 – via www.afr.com
https://www.afr.com/companies/mining/why-pilbara-s-big-lithium-price-is-like-a-perfect-tinder-profile-pic-20210915-p58rxy – Australian Financial Review. September 2021 – via www.afr.com
https://www.businessnews.com.au/article/Mine-tech-yet-to-fully-crank-up – Business News. September 2021 – via www.businessnews.com
https://www.australianmining.com.au/pilbara-minerals-to-sell-spodumene-through-digital-platform/ – Australian Mining. March 2021 – via www.australianmining.com.au
https://www.miningnews.net/capital-markets/news/1406790/pilbara-goes-tech-sales – Mining News. March 2021 – via www.miningnews.net
https://company-announcements.afr.com/asx/pls/1c8151ff-879f-11eb-8a92-66e8fa621243.pdf – press release. 18 March 2021
https://www.businessnews.com.au/article/Perth-team-leads-LNG-exchange – Business News. September 2016, via www.businessnews.com.au
https://www.businesswire.com/news/home/20161024005015/en/GLX-Digital-Platform-Transform-LNG-Sales – Business Wire. October 2016 – via www.businesswire.com