Goldman Sachs Group Inc. said the price of three key battery metals — cobalt, lithium and nickel — will drop over the next two years after investors wanting exposure to the green-energy transition piled in too quickly. “Investors are fully aware that battery metals will play a crucial role in the 21st century global economy,” Goldman analysts including Nicholas Snowdon and Aditi Rai said in a note on Sunday. “Yet despite this exponential demand profile, we see the battery metals bull market as over for now.” The long term prospects for the metals remain strong, not least because of the rapid adoption of electric ... (full story)