Entering October, silver nitrate producers in many regions planned to suspend production for holidays lasting 6 to 8 days, indicating that orders originally scheduled for delivery during the holiday period had been handled either in advance or postponed. Some individual producers might delay the delivery of certain October orders due to concerns over inventory risks amid high prices...

China’s Zijin Mining Group (HKG: 2899) has become the world’s third-largest mining company by value after surpassing $100 billion in market capitalization for the first time at Thursday’s close.

According to the latest paste formulations and solar cell production plans, the silver demand for solar cells is expected to exceed 6,500 mt in early 2025. This increase is primarily attributed to the 30%-40% higher demand for pure silver powder in the initial stages of TOPCon cells compared to P-type cells. However, due to advancements in cell printing technology, optimization of silver paste formulations, and increasing cost control pressures in the PV industry, the silver consumption per unit has decreased for both TOPCon and P-type cells.