Actually this is just the start of a downturn after a mania phase in my opinion. In the near term there will be excess supply and demand forecasts have been over extrapolated, not taking into account that less people are buying EVs / lithium batteries with tighter financial conditions. The start of the new "white rush" won't be able to start until more production is taken off line, which will take quite some time. Cheers
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Actually this is just the start of a downturn after a mania...
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