Regular readers will know that MB has a more nuanced view of green metals than does the consensus. For instance, we are bearish on base metals like nickel and copper but bullish on lithium which really is in a super cycle.
Yet, even the latter will bust eventually. Lithium mines are like bulk commodities. One big new addition can boost supply enormously so the path for prices ahead will be strewn with major supply-response busts as well.
When? Goldman has a crack at it.
