been accredited as compliant with AS (Australian Standards) and ILAC (International Laboratory Accreditation Cooperation). In 2013, Palloys Group and ABC Bullion commenced trading of ABC Bullion in Hong Kong (SAR) to cater to increasing demand from Asia for bullion and related products. Also in that year, the entities opened Custodian Vaults – a private secure vaulting facility of over 5,000 vaults in the central business district of Sydney NSW Australia. In 2014, ABC Refinery commenced construction of a new minting facility in Australia catering to public and private institutional demand. In 2014, the jewellery division of Pallion was named Australian Best Jewellery Supplier in the inaugural Australian Jewellery Industry Awards. In late 2014, the ABC Bullion and Palloys Group of companies financially merged under a new holding company called Pallion, a top 20 Australian private company by revenue. It is owned by interests associated with the Gregg, Simpson and Cochineas families. Today, Pallion has manufacturing facilities and offices in Sydney, Melbourne, Brisbane and Perth in Australia, Hong Kong and mainland China. In February 2015, Palloys was named Australian Best Jewellery Manufacturer at the Australian Jewellery Industry Awards. In April 2015, a long-standing association with A&E Metals was formalised in the acquisition by Pallion of A&E Metals. In December 2015, ABC Refinery was appointed to The London Bullion Market Association Good Delivery list for gold. The appointment makes ABC Refinery the only independent gold refinery in Australia that is accredited by the London Bullion Market Association. In November 2015, ABC Bullion was awarded the manufacturing rights to the Melbourne Cup by the Victoria Racing Club. ABC Bullion is the third manufacturer of the Melbourne Cup in its entire history. The Melbourne Cup produced by ABC Bullion is the first Melbourne Cup that is made from metal that has been mined, fabricated and assembled wholly within Australia. The metal for the 2016 and 2017 Melbourne Cup originated from the Cowal Gold Mine owned and operated by Evolution Mining Limited, located 350 kilometres west of Sydney, NSW, Australia. In February 2018 it was announced by the Victorian Racing Club that Lexus was to be the new major sponsor for the Melbourne Cup. The metal for the 2018 Melbourne Cup originated from Mt Rawdon mine, owned and operated by Evolution Mining Limited. In April 2018, ABC Refinery was officially accredited by the Shanghai Gold Exchange. The accreditation makes it one of only seven international