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Stock impact report

Musk sounds alarm on silver as China restricts exports needed for critical industrial processes [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
Musk responded to a post on his X social media platform that noted China will begin requiring government licenses for companies to export silver from the country starting on January 1. "This is not good. Silver is needed in many industrial processes," the Tesla CEO said. Silver prices have surged to record high prices this year after it was designated a critical mineral by the U.S. government amid supply shortages and rising demand from industrial users as well as investors. The metal is used in a variety of industries, including electronics, medicine and renewable energy. Etf Race Hits $1T At Record Speed With More Gains Coming Silver prices have risen over 142% in 2025 as of Monday after beginning the year at just under $30 an ounce. iShares Silver Trust, the largest exchange traded fund tied to silver, has mirrored the gains of the metal. Read On The Fox Business App Spot silver prices briefly touched an all-time high of $83.62 an ounce during Monday's trading session Show less Read more
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