USGS – Record prices for gold and silver helped to offset declines in US production of critical minerals used in batteries, the 30th annual Mineral Commodity Summaries details
The overall value of U.S. mineral production edged up by $1 billion in 2024 to $106 billion, according to the U.S. Geological Survey’s annual Mineral Commodity Summaries. Record prices for gold and silver buoyed the total, more than compensating for a 40 to 60 percent fall in the value of U.S. production of critical minerals used to make lithium-ion batteries.
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