Cobalt, Lithium, Nickel Prices to Fall Over Next Two Years, Goldman Sachs Says

Cobalt, Lithium, Nickel Prices to Fall Over Next Two Years, Goldman Sachs Says

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Business, Chemistry, Science

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The video discusses the expected decline in prices of battery metals like cobalt, lithium, and nickel over the next two years, as per Goldman Sachs. This is due to increased supply and rapid investor interest. Despite this, the long-term prospects remain strong due to the green energy transition. The video also compares these metals with others like copper, which is expected to remain a tight market. The impact of geopolitical events, such as Russia's invasion of Ukraine, on commodity investments is also highlighted.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the supply outlook for copper differ from that of cobalt, lithium, and nickel?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has Russia's invasion of Ukraine had on the commodities market according to the text?

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