Just don't underestimate Chinese determination to contain the lithium price, which is the main resource for their energy transition. If you want to analyse or predict Chinese government's policy, you need to look into their politics first. Xi has been saying “Corner overtaking" US in chip, new energy and other high tech industries since he got in office from 2012. In a dictatorship country his words is like a bible and his puppies will do whatever they can to please him. Imo lithium price will remain low unless Xi has changed his mind or we have another global pandemic that disrupt global supply chain.
Again, @asxDragonslayer was 100% correct that we need to show that we can produce at scale at soon as possible to survive this, it's not about how high the price will be in the future, it is all about survival now for juniors.
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