Making money out of stainless

Jindal Stainless Ltd (JSL) has secured an order for supplying 200 million pieces of steel coin blanks valued at EUR 1.6 million euros from the French mint, Monnaie de Paris. The company is also in the process of signing a supplier agreement with the Royal Thai Mint of Thailand. It is also in the final stages of signing an agreement with Singapore Mint for supplying coin blanks of stainless steel, cupro-nickel and other materials. The Singapore Mint makes coins for countries such as Malayasia, Brunei, Indonesia, Philippines, Vietnam, Cambodia, Laos and Myanmar.

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