Department of the Treasury Awarded a Contract to STONEX FINANCIAL LTD for $18,680,439.28

Q: Where is STONEX FINANCIAL LTD located?

1ST FLOOR LONDON UNITED KINGDOM

Signed on

3/31/2025, 12:00 AM

STONEX FINANCIAL LTD Government Contract #2031JG25F56070

STONEX FINANCIAL LTD was awarded a contract with the United States Government for $18,680,439.28. The contract was awarded by the agency office US MINT HEADQUARTERS, which is a division with the United States Mint within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is Stonex Financial Ltd, a foreign-owned business based in London, United Kingdom. The contract, issued by the Department of the Treasury's United States Mint, is for the procurement of silver raw material worth $18,680,439.28. The contract involves nonferrous metal smelting and refining. Notable transaction: The delivery order was completed on March 31, 2025, with the full contract amount disbursed to Stonex Financial Ltd.

Contract Details

Contract ID2031JG25F56070

Contract TypeC

Total Obligation$18,680,439.28

Exercised Options$18,680,439.28

Base Amount + Options$18,680,439.28

Date Signed2025-03-31

Contract DescriptionSILVER RAW MATERIAL

Start Date2025-03-31

End Date2025-04-11

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyUnited States Mint

Awarding OfficeUS MINT HEADQUARTERS

Funding AgencyDepartment of the Treasury

Funding Sub AgencyUnited States Mint

Funding OfficeUS MINT SILVER

Recipient Details

RecipientSTONEX FINANCIAL LTD

Recipient Location1ST FLOOR LONDON , UNITED KINGDOM

Business CategoriesCategory Business, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, International Organization, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #0 | $18,680,439.28March 31, 2025

United States Mint, a sub agency of Department of the Treasury, issued a payment of $18,680,439.28 to STONEX FINANCIAL LTD. The payment included a Subsidy Cost of $0.00.