Page 12 - Bullion World Volume 4 Issue 10 October 2024

Bullion World | Volume 4 | Issue 10 | October 2024
B ullion W orld | V olume 4 | I ssue 10 | O ct ober 2024
"Silver's Role

in Shaping a

Sustainable

Tomorrow"

Mr Octavio Alvidrez
CEO, Fresnillo Plc & Chairman, The Silver Institute

A

s the newly elected Chairman of the
Silver Institute and CEO of Fresnillo Plc, I am
honored to offer my thoughts on behalf of
our many members involved in essentially all
aspects of the silver marketplace. For over
50 years, the Silver Institute has stood as
the voice for silver while raising the profile
of our critical metal to the world through
its many publications, including our annual
World Silver Survey and numerous other
publications and programs.

Demand for silver in the industrial sector
continues to rise. Another record for silver's
use in industrial applications was established
last year, and it is expected to set another
high this year. As you know, solar energy
is the most widely adopted form of clean
Mr Octavio Alvidrez energy. Silver's essential use in photovoltaics
increased by 64% last year and is forecast
to grow by another 20% in 2024. At the
same time, other green-related applications,
Silver is increasingly being including power grid construction and
"
relied upon by leaders and automotive electrification, will contribute to FOR OVER A CENTURY WE HAVE
silver industrial demand gains.
civil society to address the Silver is an important metal in our daily lives.
It is essential to us all, and I am proud to lead RESHAPED VALUE RESPONSIBLY
world's complex issues, the Silver Institute during this vital time.

especially climate change.

"

"I thank Bullion World for this opportunity to address your readership during the prestigious
LBMA/LPPM Global Precious Metals Conference in Miami."

www.randrefinery.com

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