Group 1 - The report indicates that 2025 was a year of recovery for energy metals, with lithium, cobalt, and nickel entering an upward cycle after a period of bottoming out [9][15][17] - The lithium sector is expected to see a significant increase in demand driven by energy storage, with projections for global lithium supply reaching 215.9 million tons in 2026, with a growth rate of 26% [25][29] - Cobalt supply is anticipated to tighten due to the implementation of a quota system in the Democratic Republic of Congo, leading to a projected shortage of 3.6 million tons in 2026 [26][12] Group 2 - Nickel prices are expected to stabilize as Indonesia tightens its nickel ore export quotas, with a focus on maintaining high-grade nickel resources [27][12] - The report recommends several companies for investment, including Zangge Mining, Zhongmin Resources, and Yongxing Materials in the lithium sector, and Liqin Resources and Huayou Cobalt in the nickel-cobalt sector [12][28] - The overall industry outlook for 2026 is positive, with expectations of a comprehensive price increase across energy metals due to supply constraints and rising demand [12][11]