Silver in the automotive industry
The electronics in the vehicles is getting more and more, so the silver consumption also increases.
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Today, electronic parts account for around 40 percent of vehicle costs. According to a study, this compares to only 15 percent in 1990. Now, there is a lot of silver in electronics, such as switches, relays, plugs, fuses and breakers. The largest single application of silver right now is automotive glass. Future technology, such as autonomous driving or automated driving, will increase the amount of silver used. This is because sensor technologies and connectivity requirements are increasing.
Electric vehicles in themselves need more silver than conventional vehicles, and electrical cables and contacts also require the precious metal. This means that the infrastructure, i.e. the charging infrastructure, also consumes silver. Integrated GPS and internet in the car are also on the rise. Connected cars, around 30 million of which were sold last year, will increase. According to one study, their number is expected to rise to 115 million by 2025. At the same time, a networked car will be more powerful and also safer, precisely thanks to sensors and feedback applications.
Networking in truck traffic also offers new opportunities and needs silver. For example, millions of tractor-trailers can be tracked and sensitive or valuable cargo can also be tracked. Silver in the transport sector is just one of many applications that make silver so interesting, as do companies that own silver.
Denarius Silver - https://www.youtube.com/watch?v=qF5UyeDX-Rs - is one of them. With a focus on projects in excellent areas, the well-funded company has projects in Spain (Lomero) and in Colombia (Guia, Zancudo).
Vizsla Silver - https://www.youtube.com/watch?v=Jyn9Pzia35w - is working hard on its Panuco project in Mexico. 100 percent owned; it is expected to have a mineral resource estimate in early 2022.
Current company information and press releases from Vizsla Silver ( https://www.resource-capital.ch/en/companies/vizsla-silver-corp/) and Denarius Silver ( https://www.resource-capital.ch/en/companies/denarius-silver-corp/).
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