Coin’s demise nixes need for 4.7M lbs. of copper

Dec 14, 2011 | 03:13 PM | Chris Prentice

Tags  Presidential $1 coins, U.S. Mint, Olin Brass, PMX Industries, copper, zinc, manganese, nickel Timothy Geithner

NEW YORK — With the White House decision to halt the presidential dollar coin program, the U.S. Mint will no longer have need for what this year amounted to 4.7 million pounds of copper in brass-manganese strip sourced from two domestic fabricators.....

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