3 Critical Mining Stocks Worth Buying
Silver isn't a rare-earth metal but is a critical one for clean energy, advanced electronics, and defense. These three silver mining companies are thriving.
Overview
Silver is undergoing a revaluation in global financial markets. The price of silver, though down more than 18% so far this year, is up more than 61% over the past year.
Once categorized primarily as a monetary metal alongside gold, silver is now widely recognized as a critical mineral in the global transition toward clean energy, advanced electronics, and national defense. The U.S. Geological Survey and others cite silver's indispensable physical properties, including unmatched electrical and thermal conductivity.
Details
Since 2022, surging silver demand for the solar photovoltaic industry, electric vehicle manufacturing, and 5G telecom infrastructure has outpaced annual mine supply. Because more than 70% of global silver is produced as a byproduct of lead, zinc, and copper mining, silver supply cannot easily expand to meet this demand. This creates a compelling macro environment for silver miners.
Source
Originally published at www.fool.com.