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

Cobalt, lithium and nickel prices will drop over the next two years, Goldman Sachs Group Inc. said in a note on Sunday. The long term prospects for the metals, used in batteries, remain strong because of the rapid adoption of electric vehicles, but investor exuberance has led to an oversupply, according to Goldman. Paul Wallace reports on Bloomberg Television.