I’m not sure that prices are low. We only really get the Chinese spot market prices. I’m sure that the prices AKE and PLS sell for will be a lot higher. The Chinese are playing games with that spot price. Also all Carbonate and spod are not equal. The crap Chinese lepidolite is not of the same quality for battery use.
Also a few years back we could only dream of $20000+ for carbonate and $2500 for spod.
We will find out tomorrow, but my bet is that the sky has not fallen in with our pricing.