Silver Industrial Demand Reached a Record 680.5 Moz in 2024 [Yahoo! Finance]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Yahoo! Finance
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Silver industrial demand rose 4 percent in 2024 to 680.5 million ounces (Moz), reaching a new record high for the fourth consecutive year. Demand continued to benefit from structural gains linked to the green economy, including investment in grid infrastructure, vehicle electrification, and photovoltaic (PV) applications. Demand was further boosted by end-uses related to artificial intelligence (AI), which drove growth in consumer electronics shipments. Overall, global silver demand exceeded silver supply for the fourth consecutive year, resulting in a structural market deficit of 148.9 Moz in 2024. Notably, during 2021-2024, the combined deficit reached 678 Moz, equivalent to 10 months of global mine supply in 2024. These and other key aspects of the 2024 silver market are examined in the World Silver Survey released today by the Silver Institute. The 88-page Survey also provides an outlook for the silver market in 2025. The Survey wa
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NEM
Earnings
- 10/23/25 - Beat
NEM
Sec Filings
- 12/3/25 - Form 4
- 12/1/25 - Form 144
- 11/5/25 - Form 4
- NEM's page on the SEC website