Silver Consumption In Automotive Sector To Approach 90 Million Ounces By 2025

Automakers are increasingly relying on silver to enable the technological advances incorporated into vehicles. This has resulted in another demand for silver, with projections of nearly 90 million ounces of silver to be absorbed annually by 2025.

Automakers today are increasingly relying on silver to enable the vast technological advances incorporated into modern vehicles. This has resulted in another powerful demand center for silver, with projections of nearly 90 million ounces (Moz) of silver to be absorbed annually in the automotive industry by 2025.

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