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Battery Metal Price Downturn Continues
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Goldman Sachs foresees a prolonged bear market for battery metal prices, anticipating further declines in cobalt, nickel, and lithium carbonate prices due to oversupply and Western electric vehicle challenges. The firm advises cautious optimism despite significant price decreases.
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How might the continued decline in battery metal prices impact the electric vehicle industry's supply chain?
What role do geopolitical factors play in influencing the oversupply of battery raw materials and their market prices?
What strategies could companies in the battery metal sector adopt to navigate the persistent bear market conditions?
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