Samsung is beginning to mass produce its sold-state battery capable of powering EV’s up to 600 miles of range, charge in just nine minutes, and last 20 years. Current EV battery range is only about 300 miles and take 10 hours or more to charge.
These next level Samsung batteries contain a massive 1 kilo or 32.15 silver ounces in every battery.
Current technology only uses about 1 silver ounce to manufacture. Based on forecast 7 million EV sales in 2025, current technology needs only 7 million silver ounces to meet demand.
The new Samsung technology would drive silver EV demand 30X higher in 2025 to 225 mil silver ounces.
The world’s total silver production is 2024 is only about 800 million ounces. Another 200 million silver ounces is reportedly recycled adding up to a total of 1 billion silver ounce supply.
Current 2024 demand already consumes 1.2 bil silver ounces resulting in a supply demand imbalance of 200 million silver ounces in 2024. Silver has been in a supply deficit of 100 million ounces or more since 2020, and this supply deficit is increasing exponentially.
485 million silver ounces will be consumed used in 2024 in the manufacture of electrical and electronics. Solar panels comprise 232 million ounces of the 485 millions ounces of electronics demand in 2024. And solar installation are expected to increase 10 fold over the next decade as well.
EV sales worldwide are expected to climb 10X to 65 million vehicles from 7 million in 2025. 65 million batteries in 2040 would consume a massive 2.25 billion silver ounces. This is more than 2X higher than current world silver production!
The silver industry is not ready for the surge in demand to meet Green New Deal initiatives. Mines take on average, about 20 years from discovery to production. Silver miners will not be able to produce enough metal to keep up with exploding industrial demand.
This means one thing, Silver prices are ready to explode higher.
My GP10X publication incudes research on the best silver miners and silver projects in the world today. I focus on high grade deposits which deliver the most profits per ounce.
Silver miners trade at a multiple to profits, they are leveraged to the silver price. So when silver rises, the stock price explodes higher.
I’ve been an precious metals analyst for 15 years. I’ve traveled the world in search of the best silver projects. As a CFA I’m able to measure the economics of a project, matched up against the companies valuation, allows me to bring the world’s best silver projects, trading at the deepest discount to fair value to you.
The silver industry is small, with about 30 companies. Most of these miners are poorly managed, and uninvestable. But there are a handful that are high grade, profitable and aligned with shareholders, and undervalued that offer a compelling opportunity.
When silver begins to climb higher, and investors rush in, there aren’t enough silver companies to go around. Silver miner multiples will explode higher, pushing the share prices to the moon.
In the GP10X you will find a newly traded silver development company in Peru with a astronomical grade of about 2,347 g/t silver equivalent resource backed by a mining billionaire. The average silver miner operates at breakeven with a grade of only 250 g/t.
You will learn about a silver miner in production with 639 g/t average grade. This company already generates profits of nearly $400 mil/year that will explode higher when silver ramps.
The GP10X will help you gain exposure to two silver companies, the only ones in the world with 100% pure silver deposits. One of which is in production today at 900 t/d rate, that has recently expanded to 2.7K t/d. Silver production will rise 3X to 7 million silver ounces in 2025 generating nearly $100 mil in profits. The other is developing a project that contains 202 million pure silver ounces.
Another silver company covered produces about 10 mil silver equivalent ounces at a very high 750 g/t average silver equivalent grade. This miner is so profitable that it paid back $40 mil debt and put $100 mil cash in the bank in under a year of production.
Also learn about the best silver development story in the world today. This company holds a resource of about 185 million ounces at 444 g/t average silver equivalent grade. The project will generate $354 mil in profits per year worth $2.3 billion total.
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