The U.S. Mint said it is seekingoffers on 3,701,000 lbs of electrolytic copper and 629,000 lbs
of electrolytic cut nickel cathodes or briquettes that it
intends to purchase.
    It said both metals are for delivery in the week of May 11
to Olin Corp, East Alton, Ill.
    Offers for the copper are due by 1100 hrs EDT, April 21,
while offers on the nickel are due at 1100 hrs EDT on April 14.
    The Mint said that firms, in submitting their offers,
select to receive payment by standard check or be wire
transfer. Awards are determined by whichever of the two methods
is most cost advantageous, based on the cost of money at that
time.
    The minimum acceptance periods for each solicitation is
three calendar days for the copper and 10 calendar days for the
nickel, the Mint said.
 Reuter
