I have been reading up on this stuff for my senior project and it's blatantly obvious that copper, zinc, nickel, lithium and cobalt demand will continue to be strengthened as more and more hybrids are bought and existing vehicles get replaced. This doesn't mean copper and its peers will double in two years but if we double in 10-15 years time, that implies a 4-7% CAGR on just the demand side (I like that visibility)
More developing on that front (my project won't be done for another month and half).
Nevertheless, here's something to think about: approximately 60-70 million cars purchased every year and more than 800 million cars on the road right now. The average car currently has about 50 pounds of copper, and the average hybrid has about 100 pounds of copper in it. Think there is some demand for hybrids coming with oil likely staying above $3.00 a gallon? The story is very similar for other metals as well.
Good night and good luck.
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