The chemical giant says that the growing PV market drove improved results in its electronics and communications division.
Two different reports highlight how PV demand is currently improving silver’s industrial offtake. The Silver Institute says that prices have increased 9% since the beginning of this year, while ETF Securities says that mining capital expenditure and investments are declining, and that this could further weigh on silver supply.
With silver use per cell falling as demand grows, two different consultancies have given different accounts of future demand for silver in PV applications.
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