Session Overview |
Monday, July 18 |
10:00 |
Industrial applications for gold in 2022 and beyond
* Trevor Keel, Consultant to the World Gold Council, United Kingdom Gold continues to play a critical, yet evolving, role as an industrial metal. After a period of declining demand from the highs of a decade ago, recent years have seen a gradual stabilisation with 330 tonnes of gold being used across all industrial sectors in 2021. Demand also recovered quickly from the impacts of the COVID-19 pandemic, driven primarily by a buoyant electronics sector struggling to keep up with demand for chips. This presentation will provide an introduction to the gold market, focusing primarily on the current drivers for demand in the technology sector. New commercial opportunities will also be discussed, alongside the role gold plays with respect to ongoing electrification, sustainability and some lesser-known, but equally vital applications. The World Gold Council’s most recent activities in the space will also be introduced, including a multi-year collaborative project recently started with the National Research Council of Canada in the field of gold catalysis and the development of the educational documentary series The Golden Thread. |