Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Soaring silver prices are hampering the solar industry’s ability to compete with fossil fuels. Panel makers consume about 11 percent of the world’s supply of silver, the material in solar cells that conducts electricity. The metal has appreciated 74 percent to $35.30 a troy ounce on average so far this year from $20.24 last year.

Source: Bloomberg.com

Date: 06/24/2011

Link: http://www.bloomberg.com/news/2011-06-22/silver-surge-makes-headwind-for-solar-in-fossil-fuel-rivalry.html

Questions for discussion:

  • What are the challenges facing producers?
  • How are they responding?
  • Why have silver prices risen?
  • How is this good and bad for silver mines?

Leave a Reply

Your email address will not be published.