Tight silver supply should favor metal during energy transition - Vizsla Silver

Silver is in a relatively short supply compared to other metals needed for energy transition, said the CEO of Vizsla Silver, Michael Konnert.
Konnert spoke to Kitco on Wednesday. Vizsla Silver (TSX-V: VZLA) is developing its Panuco silver district in Mexico.
While silver is a precious metal, Konnert said it also has industrial uses, particularly for solar and some advanced electronics, and demand is set to increase. "The electrification application of silver is what really excites me," said Konnert, who noted some projections showing increased demand upwards of 20%.
"That's so much more impactful to the silver market because it's a tighter market compared to copper and nickel. I think silver will certainly be one of the top performers of this inevitable change into electrification," said Konnert.
Konnert said Viszla's Panuco district counts as one of the highest-grade silver discoveries in the world. Infrastructure is good, notes Konnert. Panuco is located 45 minutes away from Mazatlán, with access to electricity and water. The project is close to one of Mexico's main highways. (show less)

Silver is in a relatively short supply compared to other metals needed for energy transition, said the CEO of Vizsla Silver, Michael Konnert.
Konnert spoke to Kitco on Wednesday. Vizsla Silver (TSX-V: VZLA) is developing its Panuco silver district in Mexico.
While silver is a precious metal, Konnert said it also has industrial uses, particularly for solar and some advanced electronics, and demand is set to increase. "The electrification application of silver ... (read more)

Mines and Money March, 2021

Mines and Money March, 2021
In response to COVID 19, Mines and Money’s leading international event series for capital-raising and mining investment is now in a virtual and online format.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.