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The quiet achiever:

True competition emerges

in the Australian precious

metals market

our strategy is to carefully select partners who share our
vision of efficiency, sustainability and supply chain integrity.
“Not being constrained by legacy systems, we champion
the Australian gold sector globally by investing in the best
people and utilising the latest environmentally sustainable
technologies. And our strategic location in Australia’s largest
Mining partner. Market innovator. trading hub provides significant logistical advantages to our
Market disrupter. Monopoly buster. partners in both domestic and international markets.”
It is these factors that enable ABC Refinery to bring real
These are all labels that ABC Refinery, the refinery arm of competition to the market and significant bottom line
Australasia’s largest independent precious metal services group refining and transport savings to its partners.
Pallion welcomes. ABC Refinery and its parent company Pallion operate across

Gold processed at ABC Refinery currently accounts for 25% of the entire value chain of precious metals from refining mined
the Australasian market, while the silver component equates dorè to bullion trading to producing jewellery for global
to 70% of the market in the region. And in FY2021, ABC jewellery houses. That position is a unique one – not just
Refinery is expected to process about 100 metric tonnes of locally, but globally.
gold and roughly 500 metric tonnes of silver. Indeed, the strong demand for ABC Bullion branded precious
These are significant numbers – especially in the context of a metal supports all of Pallion’s subsidiaries.
market that was dominated by one monopoly player for over As Woodford explains: “Demand starts with ABC Refinery’s
20 years. rapidly increasing share of the Australasian market in
“We pride ourselves on having brought true competition to unprocessed precious metals from mining companies. In
the Australasian market. We like to say that we have brought turn, this is supported by strong demand throughout the
‘optionality’ to the Australian precious metal mining sector,” region for ABC Bullion bars that are produced by ABC Refinery.”
Pallion chief commercial officer David Woodford explains. Accreditation by the likes of LBMA, SGE, COMEX, RJC, NATA,
And, while it is trite to say that when firms compete with each ISO, ILAC, IEC and Standards Australia are seen by ABC Refinery
other, consumers get the best possible prices, quantity, and as merely a base line in the broader commitment of ABC
quality service, ABC Refinery stresses another very tangible Refinery and Pallion to responsible sourcing – an increasingly
outcome: Partnership. necessary requirement not just at the consumer level but at
the broader wholesale and investment level as well.
“ABC Refinery is not just a service provider,” Woodford says.
“Our enviable rate of growth is driven by the fact that we “Our various accreditations demonstrate a threshold and
partner with our clients for long-term mutual benefit. Indeed, expectation of ABC Refinery to perform ESG at an extremely

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