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Silver mines will likely be bought by automakers like Tesla, silver to $125 per ounce - Keith Neumeyer

Summary by Ground News
Automotive companies like Tesla could soon purchase silver mines, as they seek to control supply over critical metals required for electric vehicles. That's according to Keith Neumeyer, President and CEO of First Majestic Silver who forecasts that this, combined with other demand-driven factors, will send the price of silver up to $125 per ounce. Some automotive companies have already bought stakes in minerals companies.
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Silver mines will likely be bought by automakers like Tesla, silver to $125 per ounce - Keith Neumeyer

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Kitco NEWS broke the news on Monday, March 6, 2023.
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