iShares Silver Trust (SLV)
26.76
-0.38 (-1.40%)
Key Metals Surge, Unlocking New Opportunities for Savvy Mining Investors
NetworkNewsWire Editorial Coverage : Investment interest in the mining space is growing, driven by increasing demand for a wide range of metals that are becoming essential to modern industries. The push for clean-energy technologies, such as electric vehicles (“EVs”) and renewable energy systems, has amplified the need for critical minerals such as lithium, cobalt, nickel and rare earth elements. Meanwhile, traditional metals such as copper and aluminum are experiencing a resurgence due to their critical role in infrastructure and energy transmission. Gold and silver, as traditional stores of value, remain attractive amid economic uncertainties and inflationary pressures. Finally, the global transition toward decarbonization and energy efficiency is fueling demand for platinum group metals (“PGMs”), which are known for their purity, high melting points and unique catalytic properties. PGMs are vital in a number of industrial processes, technologies and commercial applications and play a critical role in autocatalysis and pollution control in the automotive sector. With potential supply constraints from key producing countries and geopolitical risks further tightening markets, mining companies are poised for growth. Platinum Group Metals Ltd. (NYSEPLG) (TSX: PTM) ( Platinum Group Metals Profile ) is positioning itself as an emerging leader in the PGM sector through its flagship Waterberg Project in South Africa. Other mining and commodity related entities, including Sibanye Stillwater Limited NYSE: SBSWNYSESBSW)(NYSE: GDXJNYSEGDXJ , abrdn Physical Palladium Shares ETF (NYSE: PALLNYSE) and iShares Silver Trust (NYSE: SLVSLV) , are also seeing increased…
Via Investor Brand Network · November 19, 2024
Key Metals Surge, Unlocking New Opportunities for Savvy Mining Investors
VEQNX::TICKER_START (NYSEPLG),(TSX:PTM),NYSE:SBSWNYSESBSW)(NYSE:GDXJNYSEGDXJ,(NYSE:PALLNYSE),(NYSE:SLVSLV) EQNX::TICKER_END
Via FinancialNewsMedia · November 19, 2024
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