Record $40 billion export year for The Perth Mint

The Perth Mint has achieved a record $40 billion in exports of bullion and minted products this financial year, driven by unprecedented global demand for high-quality, sustainably sourced precious metals.

The export record, which has been achieved with a full month of the financial year to go, easily eclipses the previous record of $31.3 billion.

The Perth Mint has also retained its standing as Western Australia’s third biggest exporter by value, behind iron ore and liquefied natural gas.

“The Perth Mint’s record export performance reflects strong global demand for its products and its established position in international markets,” said Mines and Petroleum Minister, David Michael.

“High quality and sustainable minted products are a prime example of Made in WA and critical to WA’s economic contribution as a net exporter of resources and precious metals.

“As a trusted refiner for Western Australian and Australian gold, The Perth Mint is central to industry access to global markets and the ability to mine precious metals.”

In another milestone, the Perth Mint has attracted more than 300,000 visitors to its Hay Street premises this financial year, highlighting its growing status as one of Perth’s most popular attractions.

It refines approximately 70% of all gold mined in Australia and is a trusted and reliable partner for miners through its strong quality control processes, integrity and transparency mechanisms and guaranteed ability to pay miners on delivery of gold doré.

“The Perth Mint is a net exporter of bullion and minted products,” said The Perth Mint chief executive officer, Paul Graham

“We are proud to support approximately 800 local jobs, including highly skilled design and manufacturing roles.

“The State Government Guarantee provides certainty for Australian gold miners who refine with The Perth Mint, indirectly supporting thousands of jobs.”

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