Royal Australian Mint in 1967 the Melbourne mint was closed. Some staff from the Melbourne mint relocated to Canberra to operate the new mint. However it was not until the early 1980s that the RAM was able to sustain solitary production of the full set of circulating Australian coins, and so on several occasions in the 1960s and 1970s the RAM contracted production runs to the Perth Mint, the Royal Mint in both London and Llantrisant, and even on one occasion the Royal Canadian Mint. The mint consists of two buildings, an administration building, and a process building. The administration building houses the
Royal Mint held within in a Royal Mint vault. Up to $1 billion worth of RMG is set to be issued by the mint. As the sole body responsible for minting legal tender coins in the United Kingdom under contract from HM Treasury, the mint produces all of the country's physical currency apart from banknotes which are printed by the Bank of England. On average it produces 2 billion pound sterling coins struck for general circulation every year with an estimated 28 billion pieces circulating altogether. Outside of the UK, the mint provides services to over 60 different countries including New Zealand