cmacd123
Member

Silver set to soar on Samsung’s solid-state battery breakthrough – analysts
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

"
(Kitco News) – Gold has had a breakout year as the yellow metal surged to new heights above $2,500 while its grey counterpart, silver, has struggled to keep pace, but that could soon change, according to one analyst, as silver demand is expected to increase thanks to one new technological development from Samsung. "
"
According to retired investment professional Kevin Bambrough, Samsung has developed a new solid-state (SS) battery. The inclusion of silver as a key component, combined with the increasing demand for electric vehicles, means that demand for the grey metal will soon increase. "
"“a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg of silver per vehicle.”"