Exactly! So it tells us that prices will rise. The “low” price...

Exactly!
So it tells us that prices will rise. The “low” price of $9k/t is not sustainable.
Unless the unicorns let us into the dragon’s cave where the cheap Li stockpiles are?!


We all know by now that the price of LCE even doubling has a minimal effect on the total cost of an EV (only hundreds of $) so there is plenty of room to move to higher product prices to enable new supply to come online (that is currently borderline or sub-economic).