CASE STUDY Mint Directors Conference Secretariat Denison Street Deakin, Australian Capital Territory Australia 2600 +61 2 6202 6999
[email protected] www.mintindustry.com ROYAL AUSTRALIAN MINT Australia Breath of activity: circulating coin, numismatic coin, custom minting, investment products, medals and medallions, secure storage, education and tourism experiences (on-site and via an outreach program). The Royal Australian Mint (RAM) is Employees: 235 employees Australia’s national mint located in the picturesque capital, Canberra. 2017/18 Key Achievements: RAM is the sole producer of . Seigniorage (circulating coin) circulating decimal currency for $52 million Australia and the custodian of . Earnings before Interest and Australia’s National Coin Tax (EBIT) $19.8 million Collection. Return on Net Assets of 42.5% The RAM’s mission is to meet the . 330,000 visitors, 85% circulating and collector coin satisfaction needs of Australia and selected . Retention of ISO 9001:2015 international markets. RAM roof solar farm – 924 panels generating 263kw RAM’s Senior Management team is led by Ross MacDiarmid, Chief . No major accidents Executive Officer; Page 1 of 6 . 11 employees completed the Centre to strike its AC/DC coins RAM Leadership Program and with a bolt of man-made lightning. 12 employees graduated from the RAM English Class . The Mint was successful in winning a local export award for the fifth year in a row and four international coin and packaging awards. Key Challenge: to sustainably reinvent/diversify in the wake of a continuing decline in the demand for circulating coin. 2018 $100 Gold Proof Domed Coin – 1812 A New Map of the World Two Most Innovative Products Following on from RAM’s Celestial Domed series, the RAM captured the excitement of an age of discovery featuring depictions of the Eastern Hemisphere based on historic and rare map that displays Captain Cook’s tracks and discoveries.