Royal Canadian Mint Credits Patented Multi-Ply Plating for Record Year in Minting International Circulation Coins
Ottawa, Ontario, December 13, 2007 – The Royal Canadian Mint (RCM) is crediting its patented multi-ply plating technology for a record year in its foreign circulation business line. The Mint’s Winnipeg, Manitoba facility has already set a new production volume record with one month left to go in 2007, having struck almost 1.2 billion multi-ply plated circulation coins for countries from around the globe.
“In an age of rising base metal costs, there is a compelling need around the world for a coinage solution which saves money without compromising quality,” said RCM President and CEO, Mr. Ian E. Bennett. “Only the Royal Canadian Mint can offer a solution to meet this need, which has led us to become one of the most innovative in the world.”
Among the countries which have recently adopted the Royal Canadian Mint’s multi-ply plating are Papua New Guinea, New Zealand, Ghana, Oman, Paraguay, Barbados and the Bahamas. As well, RCM multi-ply plating is generating strong interest among other countries in the Caribbean region.
