智利银产量跃升
Shang Wu Bu Wang Zhan·2025-12-10 18:23

Core Insights - Chile's silver production is expected to increase by 10% year-on-year, reaching 954,390 kilograms by September 2025, with an annual output projected between 1,330 to 1,350 tons in 2024, also reflecting a 10% growth compared to 2023 [1] - Chile ranks as the seventh largest silver producer globally with a 4.9% market share in 2024, currently competing with Russia for the sixth position [1] - The majority of Chile's silver production, approximately 80%, comes as a byproduct of copper mining, while gold mining contributes the remaining 19% [1] Price Trends - Silver prices reached a historic high of $54 per ounce on October 17, with a year-to-date increase of 72% [1] - The primary drivers for the price surge include rising industrial demand from solar energy and electronics, increased investment for risk aversion, and a lag in supply response [1] Future Projections - It is anticipated that Chile will not surpass its historical peak production of 1,936 tons achieved in 2007 in the short term, with annual production expected to fluctuate between 1,200 to 1,500 tons before 2035 [1]