SMM Analysis: Silver Ore Imports Fell Over 20% MoM in March, but Q1 Still Recorded YoY Growth. According to customs data, silver ore imports in March 2025 were 129,100 mt, down 20.5% MoM and 0.6% YoY.

It didn’t help that the lead-bearing ores also happened to be especially rich in other metals including zinc and copper. But the real prize was silver, present in such abundance that the most ...