An article on a popular German financial Webseite (finanzen)...

An article on a popular German financial Webseite (finanzen) today headlined: +500 percent: DIW warns of new record prices for Lithium, Copper and other.

"Other" include nickel an cobalt. Taken from the DIW website: "The DIW was founded in 1925 and is one of the leading economic research institutes in Germany. The institute analyzes the economic and social aspects of topical issues, formulating and disseminating policy advice based on its research findings. DIW Berlin is part of both the national and international scientific communities, provides research infrastructure to academics all over the world, and promotes the next generation of scientists. A member of the Leibniz Association, DIW Berlin is independent and primarily publicly funded."

The article cites an publication of the DIW (discussion paper no.1976 from 2021). Here comes an extract:

"We examine to what extent metals critical to the energy transition may become a bottleneck. We estimate that the elasticity of supply of key energy transition metals is low in the short term but higher in the long term, especially for lithium. Based on metal-specific demand shocks embedded in a structural scenario analysis, we find that prices of lithium, cobalt, and nickel could rise several hundred percent compared to their average 2020 levels in a net-zero emissions scenario, representing a major bottleneck. The four metals prices would roughly increase to historical peaks in real terms, remaining there for an extended period, longer than previously seen. Robustness checks suggest that there is upside risk to
net-zero emissions scenario price paths. Metals producers of these four metals alone could generate revenues similar to those of the oil sector over the next 20 years in this scenario."

I am aware that most of us expect this scenario but the article will be helpful to wake up potential investors, partners and future shareholders IMO.