BMW, Honda, Hyundai and dozens of Chinese brands believe hydrogen cars are the next big thing.
So regardless if its Battery EVs or Fuel Cell Energy... BOTH REQUIRE SILVER
Hyundai’s XCIENT Fuel Cell Truck is the world’s first heavy-duty fuel cell truck to achieve 5 million km of cumulative driving in real-life customer operation
Fuel Cell Energy and Fuel Cell Energy Emissions
Fuel cell energy emits water vapor because of the chemical reaction that occurs within the fuel cell. Hydrogen fuel combines with oxygen from the air in the presence of a catalyst. This reaction produces electricity, heat, and water as byproducts. The water is released as vapor, making fuel cells a clean energy source with minimal environmental impact.
Major automakers including BMW, Honda, and Hyundai still think its important to invest in the raid expansion of hydrogen fuel cell vehicles despite the growing popularity of battery electric vehicles (BEVs). These companies believe that hydrogen technology still has a significant role to play in the future of transportation.
BMW recently unveiled its iX5 Hydrogen SUV, showcasing their commitment to this technology. The company sees hydrogen as complementary to battery-electric vehicles, particularly for larger vehicles and long-distance travel. Honda, in partnership with General Motors, plans to launch a hydrogen fuel cell vehicle in 2024 based on their CR-V model. Hyundai, already a leader in hydrogen technology with its NEXO SUV, is expanding its efforts by developing hydrogen fuel cell systems for commercial vehicles.
There are several advantages of hydrogen fuel cell vehicles, including quick refueling times (similar to conventional gasoline vehicles) and longer driving ranges compared to many BEVs. However, challenges remain, such as the limited hydrogen refueling infrastructure and the current high cost of hydrogen fuel.
Despite these obstacles, the automakers argue that hydrogen technology is improving rapidly, with costs decreasing and efficiency increasing. They also emphasize the potential for green hydrogen production using renewable energy sources, which could make hydrogen fuel cell vehicles a more environmentally friendly option in the future.
Silver is the Key to Hydrogen Fuel Cell Energy
Silver is being favored as the primary catalyst for fuel cell energy over platinum group metals. Silver is significantly cheaper than platinum, which will significantly reduce the overall cost of fuel cell production. Silver is also more efficient than platinum in catalyzing the necessary chemical reactions. Ongoing research aims to improve its performance and make it a viable, cost-effective option for fuel cell technology. This development could be the difference maker in addressing some of the cost-related challenges facing hydrogen fuel cell vehicles in the future.
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Invest in Silver and Gain the Best Exposure to ALL FUTURE TRENDS.
Instead of trying to predict which company will dominate in AI, 5G, solar energy, robotics, aerospace, defense, electric vehicles, or fuel cells, a strategic approach is to invest in the common thread connecting them all: silver. As a critical component in these rapidly growing sectors, silver offers exposure to multiple high-tech industries simultaneously, potentially providing a more diversified and robust investment opportunity
Silver Academy endorses only 5 Silver miners that are pure silver mines (not silver as by product mines)
We have selected our picks based on the strength of:
Their balance sheets
Their Ore grades
Their Metallurgy
Their Management talent
and most importantly their volume of ounces in the ground
Silver Academy’s top 5 picks
Andean Precious Metals: TSXV: APM, OTCQX: ANPMF
The company operates the largest commercial silver oxide processing plant in Bolivia's Cerro Rico region - the San Bartolomé facility. This strategic asset has produced over 65 million ounces of silver equivalents since 2009, demonstrating Andean's significant production capabilities.
Their robust balance sheet provides the company with financial flexibility and stability in a volatile industry.
The company follows a two-pronged growth strategy, focusing on organic growth in Bolivia and expansion through mergers and acquisitions in the wider Americas. This approach positions Andean for sustainable long-term growth and diversification.
Andean has successfully extended the life of the San Bartolomé mine from eight months to potentially 10 years or more, showcasing the company's operational expertise and ability to maximize asset value.
The company is committed to sustainable mining practices and community engagement, contributing approximately $75 million annually to the local economy through wages, royalties, and taxes. This dedication to social responsibility strengthens Andean's social license to operate.
By acquiring Golden Queen Mining Company (USA), Andean Precious Metals has taken a significant step towards achieving its vision of becoming a multi-jurisdictional mid-tier producer in the Americas, while positioning itself for sustainable long-term growth
Aya Gold & Silver: TSX: AYA, OTCQX: AYASF
Aya Gold & Silver Inc. is a leading silver producer, uniquely positioned as the only pure silver mining company listed on the TSX, with a strong operational base in Morocco. The company has recently reported record revenues of $13.7 million in Q2 2024, reflecting a remarkable 42% increase from the previous year, showcasing its robust growth trajectory and commitment to maximizing shareholder value. With ongoing expansions at the high-grade Zgounder Silver Mine, Aya is set to increase its processing capacity to 2,700 tonnes per day in 2024, further solidifying its market presence. Additionally, Aya's strategic exploration efforts have led to significant mineral resource estimates, including a recent discovery at the Boumadine project, which highlights the company's potential for future growth and profitability. Committed to sustainability, Aya Gold & Silver integrates responsible mining practices into its operations, ensuring long-term value creation for its stakeholders
Dolly Varden Silver: TSXV: DV, OTCQX: DOLLF
Dolly Varden Silver Corporation is a leading mineral exploration company making significant strides in the heart of British Columbia's Golden Triangle, focusing on its 100% held Kitsault Valley Project. This project boasts an impressive resource estimate of 64 million ounces of silver and 1 million ounces of gold, positioning Dolly Varden as a key player in the precious metals sector. The company is committed to sustainable mining practices while leveraging its rich history, including the past-producing Dolly Varden and Torbrit silver mines, to unlock further potential in the region. With a strong management team and recent discoveries enhancing its growth prospects, Dolly Varden Silver is poised for a bright future in the booming silver market. Investors can look forward to exciting developments as Dolly Varden continues to advance its projects and expand its resource base.
Outcrop Silver: TSXV: OCG , OTCQX: OCGSF
Outcrop Silver & Gold is focused on its high-grade Santa Ana silver project in Colombia. Recent drilling has discovered high-grade shoots within multiple veins, including up to 6.9 kg/t silver equivalent over 1 m width. This has led to a maiden resource estimate of 24.1 million indicated and 13.5 million inferred ounces of silver equivalent. The resources grade very high, with indicated at 614 g/t and inferred at 435 g/t silver equivalent. Metallurgical testing demonstrates excellent recoveries of 93% for silver and 97% for gold. Santa Ana contains over 48 km of mapped veins, providing substantial upside as only 17% have been drilled so far. Outcrop plans ongoing drilling to expand resources and make new discoveries across the large vein system.
Kuya Silver: CSE: KUYA, OTCQB: KUYAF
Kuya Silver is at the forefront of silver mining with its dual-track strategy, actively mining the high potential Bethania Silver Mine in Peru and developing the historic Silver Kings Project in Ontario. With robust mining and exploration programs underway, Kuya is poised to unlock significant value from its assets. Kuya Silver's experienced management team, led by industry veterans, is dedicated to maximizing shareholder value through strategic growth and operational excellence. As the demand for silver continues to rise, Kuya Silver stands ready to capitalize on emerging opportunities in the market.
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Our opinions are not our sponsors opinions.
The views expressed on TheSilverIndustry.substack.com are not necessarily those of the Silver Academy.