Flying cars need silver

The capital of the southern Chinese province of Guangdong, Guangzhou, is making a strong commitment to the future of urban mobility. The city is investing 1.4 billion US dollars in the development of infrastructure for flying vehicles by 2027. Guangzhou’s goal is to become a pioneer in the low-altitude aviation industry. This involves manned and unmanned civil aircraft that fly at a maximum height of 3,000 meters. To this end, the city is financing the construction of more than 100 take-off and landing points, including an airfield with a shorter runway. The city already has the third largest airport in China, a large rail network and the fourth largest port in the country.

And Guangzhou promotes innovation and the development of high-tech industries. As early as 2022, Guangzhou made over 51 billion US dollars available for major construction projects. All this in view of the plan to strengthen its position as an international transportation hub. The city is one of the world’s leading science cities. Hyundai’s first hydrogen fuel cell project is also being implemented there, for example. China is generally pursuing the goal of being independent and autonomous in science and technology, which is nothing new.

It is well known that many new and modern technologies require silver, and increasingly so. No metal can conduct heat and electricity better than silver and it does not corrode. For example, the average car contains over 40 silver-coated switches. Silver is also used in printed circuit boards for the conductive paths of electronic circuits. And printed circuit boards can be found in electrical appliances, airplanes, cars, telecommunications networks and cell phones. Then there is the photovoltaic sector, which is consuming more and more silver. The focus should also be on silver companies such as Endeavour Silver or MAG Silver.

Endeavour Silver – https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ – is already a successful silver producer and owns silver projects in Mexico, Nevada and Chile.

MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – has a stake in the successfully producing Juanicipio mine in Mexico. The company’s portfolio also includes other promising projects.

Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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