Industry analyses, including reports like the World Silver Survey, indicate these can stem from factors such as the maturation of major orebodies, shifting capital investment cycles, the extended timelines required for new mine development, fluctuating operational costs, and evolving regulatory environments in key silver-producing nations. This decrease from mining operations is a crucial factor in this year's overall market deficit.

Over the past decade, industrial demand has steadily claimed a larger share of global silver mine production. This trend reflects silver’s expanding role in technology and manufacturing, especially in areas such as renewable energy and electronics.

Copper Mine Production Infographic In 1970, the world’s copper mines produced approximately 5.9 million metric tons. By 2024, that figure...

Tin, often called the "glue" of the electronics industry due to its critical role in solder, is poised for a significant demand surge in the coming years. While traditionally used in tinplate for packaging and chemicals, its future is increasingly tied to the rapid advancements shaping our modern world. Projections indicate a substantial rise in global tin consumption by 2030, driven by a confluence of technological megatrends.

The global silver market is experiencing a notable shift, driven largely by surging industrial demand—particularly from the green energy and electronics sectors. According to the report, total silver demand is expected to reach 1.148 billion ounces this year, while supply is forecast at just 1.030 billion ounces. This shortfall marks the fifth consecutive year of market deficit.

Uranium Resources by Country 2021 Uranium, the key fuel for nuclear energy, is not evenly distributed around the world. Its concentration...

Chart: Projected Demand for Critical Minerals As the global push toward clean energy gains momentum, demand for certain minerals and...

This graphic explores how seafloor cobalt resources compare to global land reserves. While the DRC leads in above-ground reserves, its...

This graphic and article explores cobalt production in 2023, spotlighting top producers and analyzing changes in supply, demand, and...

Data from the Silver Institute's World Silver Survey 2024 report shows that between 2015 and 2023, silver demand has shifted dramatically ac

According to a new report from the Silver Institute, the silver market is set to face a significant structural deficit for the fourth consec

As of 2023, global reserves were estimated at 115.4 million metric tons (MT), with China, Vietnam and Brazil holding most significant part o

By 2024, nearly one-fifth of global silver demand is expected to come from solar energy applications, surpassing the share driven by physica

Global rare earth element (REE) production reached approximately 350,000 metric tons in 2023. China maintained its dominance as the largest

This graphic highlights changes in global uranium production from 2013 to 2022. Over the past decade, world uranium output has declined by 1

In a recent tweet, Elon Musk declared that solar power will dominate future power generation. While bold, his statement aligns with trends i

This graphic uses data from the Silver Institute's World Silver Survey 2024 to illustrate changes in silver demand across various sectors fr

The following content is sponsored by Arras Minerals In this article, we take a closer look at BHP’s latest report, BHP Insights: How...

This graphic highlights the correlation between the growth rate of solar PV electricity capacity additions, the demand for silver used in ph

Cobalt is a critical mineral, essential for the production of lithium-ion batteries used in electric vehicles (EVs), smartphones, and...