Lithium is very abundant and huge discoveries recently occurred...

Lithium is very abundant and huge discoveries recently occurred in China and Thailand from memory and can even be extracted from water injected oil wells so supply will always be substantial, Wood McKenzie ? predicting low prices to continue until 2030 saw lenders withdraw a $760 Million loan to Liontown Resources so scary times for lithium stocks which aren't low cost producers.
Nickel assuming the world doesn't insist on clean green nickel will curtail supply from high cost producers and China certainly will have no qualms buying nickel from low cost Indonesia.
Boring old lead appears to be finely balanced in terms of supply and demand which is why the price is quite stable and crucially BML is shaping up to be a low cost producer with a management team that understand mining costs so a few positives there and pressure must be building on State Government with plenty of closures looking likely.