January 31, 2024
Silver’s Emergence as a Critical Mineral in North America
Silver’s Emergence as a Critical Mineral in North America
The case for silver In December 2023, Natural Resources Canada embarked on a journey to review Canada’s Critical Minerals list and methodology, inviting public commentary. One criterion highlighted the imperative role of the mineral in propelling the nation towards a low carbon and digital economy. Silver, revered as the ultimate electrical and thermal conductor, along with its unrivaled reflective properties, is heralded as indispensable for various industrial and technological applications. The surge in demand for technologies such as solar power has fueled a corresponding increase in industrial demand for silver. Global demand and industrial applications In 2023, global silver demand