https://www.yicaiglobal.com/news/lithium-miners-in-china-yichun-halt-production-again-this-time-due-to-sliding-prices
it makes sense to close the production: These companies use lepidolite as an input instead of spodumene, the cost of processing lepidolite vs spod is huge and these guys are now losing money for every ton they sell. This should help the price find a zone, if the price goes too high, these guys will come back online and cause the price to retrace
https://www.yicaiglobal.com/news/lithium-miners-in-china-yichun-h...
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