Ephraim Resources was formerly listed on the ASX and its sole asset is 99% of PT First Flower (PTFF). PTFF's business is in agricultural biogenetics research and experimentation, licensing and consultancy; with a focus on Nipah Palm breeding, tissue culture, cultivation and plantation, and producing sugar and or ethanol from the sap of the Nipah Palm. Through extensive research, Ephraim has developed a cost efficient methodology to develop improved nipah palm fit for cropping on an industrial scale at competitive costs, to re-establish and optimise the use of degraded land for nipah palm plantations in Indonesia, and to produce sugar suitable to meet the increasing international demand for sugar commodities and potentially sustainable and renewable non-food fuel. In February 2020 the company was delisted from the ASX.
On 28 February 2019, Ephraim Resources was placed into voluntary administration, and in February 2020 the company was delisted from the ASX.
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