All minerals
    47
    Ag
    Silver
    WatchBase metals & gridImportant

    Silver

    The most electrically conductive element — used in solar cells, electrical contacts, brazing and electronics.

    Supply risk index
    48
    / 100
    Top producer
    Mexico
    24%
    China share
    13%
    US import reliance
    77%
    World output 2025
    26k t
    +3% y/y
    On national lists
    1 / 10
    Why it matters for AI infrastructure
    Important — Power, storage, cooling or key components

    Silver pastes, contacts and sintering materials in power electronics and chip packaging; silver is the largest input cost in solar cells.

    Watch
    Adequate today but concentrated or exposed

    Added to the US critical list in 2025; China added silver to export licensing in 2026.

    Export controls
    ChinaExport licensing (2026)
    TanzaniaConcentrate export ban (2017)
    VenezuelaExport ban (2024)

    Where it's produced

    Share of 2025 world mine production (metric tons). Source: USGS MCS 2026.

    Share of world output
    Mexico
    24%
    Peru
    14%
    China
    13%
    Bolivia
    5.8%
    Chile
    5.4%
    Poland
    5.0%
    Russia
    4.6%
    United States
    4.2%

    Where the reserves are

    Share of known economic reserves (metric tons). World total: 610k t. ≈ 23 years at 2025 output.

    Peru
    18%
    Russia
    15%
    Australia
    15%
    China
    11%
    Poland
    9.7%
    Mexico
    6.1%
    Chile
    5.4%
    United States
    3.8%

    Who calls it critical

    Membership on each government list. “Strategic” marks a higher tier where the list has one; “group” means included as part of a group such as rare earths or PGMs.

    US
    United States
    U.S. Geological Survey (Dept. of the Interior) · 2025
    critical
    DOE
    United States (DOE)
    Not listed
    EU
    European Union
    Not listed
    GB
    United Kingdom
    Not listed
    CN
    China
    Not listed
    JP
    Japan
    Not listed
    KR
    South Korea
    Not listed
    IN
    India
    Not listed
    AU
    Australia
    Not listed
    CA
    Canada
    Not listed

    Silver: key questions

    Where is silver mined or produced?
    According to USGS 2025 data, the largest producers are Mexico (24%), Peru (14%) and China (13%) of world mine production. China accounts for about 13%.
    Is silver a critical mineral?
    Silver appears on 1 of the 10 official lists we track (United States).
    Is silver in short supply?
    Our supply status: Watch. Added to the US critical list in 2025; China added silver to export licensing in 2026.
    Why does silver matter for AI infrastructure?
    Silver pastes, contacts and sintering materials in power electronics and chip packaging; silver is the largest input cost in solar cells.