Goldman: The Battery Metal Bull Market Is Over ...Middle East

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Goldman: The Battery Metal Bull Market Is Over
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The bull market for some of the key battery metals is over, at least in the near term, after a jump in investment in supply ahead of the demand trend, according to Goldman Sachs.   Lithium, cobalt, and nickel—the metals crucial to advancing the energy transition—still face a supercycle ahead, but only after 2024. Before that, the prices of those key battery metals, especially lithium, are set for a “sharp correction,” the investment bank said in a note on Sunday carried by Bloomberg. The long-term prospects for…

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