Electric vehicles and renewable energies devour silver
(PresseBox) - The silver market is facing a supply crisis that has not yet manifested itself in the price.
The electric vehicle market and renewable energy technologies are growing. Every electric vehicle consumes silver. Over the next few years, there could be a silver deficit, which on the one hand already seems to be emerging, but on the other hand has not yet been reflected in the silver price. This presents opportunities for investors. Silver could be used more and more in solid-state silver batteries. Many components in the electromobility sector benefit when silver is used. This is because silver impresses with its unique properties, especially in high-performance EV batteries.
In battery technology, the precious metal impresses with its conductivity, corrosion resistance and thermal management capabilities. Not only electric vehicles can benefit from this, but also buses, trucks, ships and airplanes. Not only the silver market, but also the nickel market is expected to see price increases due to EV demand. The difference between these two markets is that the silver market is around 100 times smaller than the nickel market. Silver prices could therefore benefit particularly from this development. In addition, silver is an important component for solar modules, electronic products and other growing industries.
New technologies such as solid-state batteries are among the technologies that could lead to increased silver consumption. The market for silver batteries is growing. An adjustment in the price of silver would therefore come as no surprise. The market should recognize and price in these factors. Silver and nickel are raw materials that the future needs. Good for silver companies such as Discovery Silver or companies with nickel such as Canada Nickel Company.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns silver-zinc-lead projects in northern Mexico, including the highly prospective Codero project, a world-leading silver project.
The Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ - is responsible for cobalt and nickel. The Crawford project is located in Ontario and is wholly owned by the company.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -) and Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Unternehmensinformation / Kurzprofil:
Datum: 03.09.2024 - 02:41 Uhr
Sprache: Deutsch
News-ID 710895
Anzahl Zeichen: 0
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
Diese Pressemitteilung wurde bisher 166 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Electric vehicles and renewable energies devour silver"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
