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Boliden

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Silver bar against a striking blue background symbolizes wealth and value.
FORECASTSSEP 2, 2026
Silver’s Supply Response Is Constrained as Lead and Zinc Mine Output Falls
Silver’s byproduct-heavy supply chain is drawing renewed attention after global lead and zinc mine production fell in the first half of 2026. The pressure supports the bullish supply argument, but comfortable Western inventories show the physical market has not yet tightened visibly.