As regulators scrutinise Perth Mint and the state government reviews its ownership, the business has continued to lose market share to rival ABC Refinery.
Bellevue Gold has inked a deal to refine its gold with independent ABC Refinery alongside an agreement with Zenith Energy to build a hybrid power station at its namesake project.
Perth software company Blockhead Technologies has partnered with Sydney-based ABC Refinery to launch a system for tracking precious metals and detecting tampering.
Sydney-based ABC Refinery has poached three senior Perth Mint employees to join its treasury and trading team as it ramps-up its competition with the government-owned business.
State government-owned gold refiner Gold Corporation has had its longstanding national monopoly broken, with the accreditation of Sydney-based ABC Refinery by the London Bullion Market Association.
