Aussie biggest new silver mine taps solar boom

Bright future: A worker placing a solar panel into position on a roof. Silver is a key ingredient in the panels. — Bloomberg

SYDNEY: An Australian prospector is aiming to tap into what it says is a robust long-term demand outlook for silver, a key ingredient in solar panels.

Silver Mines Ltd’s Bowdens project in New South Wales – set to start operations in 2023 – will have an initial output target of six million ounces a year, said managing director Anthony McClure.