U.S. Mint May Be Penny Pinching as Zinc Market Tighten – Bloomberg

On By Exploration and DevelopmentIn Commodity Markets

U.S. Mint May Be Penny Pinching as Zinc Market Tighten – Bloomberg.

Cost of making a US Penny is down from 2.4 c to 1.6 c, but US mint making a loss of $45 million on production of $7.5 billion pennies this year. If zinc goes up further this will increase.

I think they will say goodbye to the penny soon.