A strong end to the year and accelerated prices in January have led to higher commodities forecasts, and metals such as copper, nickel and lithium are benefiting from "the red-hot EV market." In S&P Global's State of the Market: Mining Q4-21 conference, Sean Decoff, senior analyst, metals and mining research at S&P Global Market Intelligence, said that in general, the industry is seeing positives. COVID-19 cases are dropping, many countries are completely scrapping restrictions and persistent inflation is benefiting commodity prices.
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