{"id":1387,"date":"2023-02-07T23:00:35","date_gmt":"2023-02-07T23:00:35","guid":{"rendered":"https:\/\/findbullionprices.com\/blog\/?p=1387"},"modified":"2023-02-18T23:25:05","modified_gmt":"2023-02-18T23:25:05","slug":"silver-mining-dominated-by-mexico-china-and-chile-in-2022","status":"publish","type":"post","link":"https:\/\/findbullionprices.com\/blog\/silver-mining-dominated-by-mexico-china-and-chile-in-2022\/","title":{"rendered":"Silver Mining Dominated by Mexico, China and Peru in 2022"},"content":{"rendered":"\n

Preliminary data from the US Geological Survey (USGS), global silver mine output increased by 4% last year.<\/p>\n\n\n\n

Total mine output globally was roughly 26,000 tons in 2022, slight more than the 25,000 tons produced the previous year.<\/p>\n\n\n\n

Most of the increase was due in part to the growth of mine output in Mexico, China and Chile.<\/p>\n\n\n\n

Chile is an emerging leader in mining of both precious metals and critical minerals<\/a> for industry and manufacturing. The country is one of the largest producers of copper<\/a>, and silver is mined as a byproduct.<\/p>\n\n\n\n

Top 11 Silver Producing Countries<\/h2>\n\n\n\n
    \n
  1. Mexico – 6,300 tons<\/li>\n\n\n\n
  2. China – 3,600 tons<\/li>\n\n\n\n
  3. Peru – 3,100 tons<\/li>\n\n\n\n
  4. Chile – 1,600 tons<\/li>\n\n\n\n
  5. Australia – 1,400 tons<\/li>\n\n\n\n
  6. Poland – 1,300 tons<\/li>\n\n\n\n
  7. Bolivia – 1,300 tons<\/li>\n\n\n\n
  8. Russia – 1,200 tons<\/li>\n\n\n\n
  9. USA – 1,100 tons<\/li>\n\n\n\n
  10. Argentina – 840 tons<\/li>\n\n\n\n
  11. India – 630 tons<\/li>\n<\/ol>\n\n\n\n

    The USGS is anticipating an increase in global silver production for 2023<\/a> as the industry continues recovering from the pandemic.<\/p>\n\n\n\n

    Demand is being driven the ramp-up of advanced manufacturing of components for electric vehicles, solar panels and other electronic devices that utilize silver (Ag).<\/p>\n\n\n\n

    The global supply chain for raw minerals and precious metals is continuing to recover from the pandemic.<\/p>\n\n\n\n

    Americans continue to consume more silver worldwide <\/a>than any other country. Critical metals, such as silver and lithium are necessary for the production of EV cars, batteries, solar panels and other components of the green-energy economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Preliminary data shows that silver mine output increased by 4% global last year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[715,545],"tags":[749,748,750,609,713,747],"class_list":["post-1387","post","type-post","status-publish","format-standard","hentry","category-mining","category-news","tag-china","tag-mexico","tag-peru","tag-silver-mining","tag-supply-chain","tag-usgs"],"yoast_head":"\nSilver Mining Dominated by Mexico, China and Peru in 2022 - FindBullionPrices.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/findbullionprices.com\/blog\/silver-mining-dominated-by-mexico-china-and-chile-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver Mining Dominated by Mexico, China and Peru in 2022 - 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