Sun Silver applies for $60m US tax credit for silver paste facility

Precious metals miner Sun Silver has applied to the US Department of Energy (DoE) for a $60-million investment tax credit for expenditure towards establishing a silver paste production facility in Nevada. The ASX-listed company, which is developing the Maverick Springs silver project in Elko county, is proposing a silver paste facility to supply solar photovoltaic (PV) cell manufacturers in the US.