As the European Union moves toward its goal of net-zero emissions by 2050, the demand for critical raw materials—the building blocks of wind turbines, batteries, and solar panels—is skyrocketing. However, a recent audit by the European Court of Auditors suggests that while the EU has set an ambitious strategic course, the current policy framework rests on "incomplete foundations".

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.