Your fundamental logic is completely accurate. My argument is...

Your fundamental logic is completely accurate. My argument is that the fact that the price of lithium is eating into the cost curve is evidence that there's an oversupply in the market. The price of lithium doesn't eat into the cost curve if demand is outstripping supply. That's fundamental logic as well. The price of lithium is still going down, so obviously more producers need to temper supply to bring the market into equilibrium. Hence why LTR bringing more supply into an oversupplied market doesn't make sense. This arcs back to my original response to a poster who said ALB should shut down production and not LTR.