The funny thing is the link that is posted for that article, if...

The funny thing is the link that is posted for that article, if you skip to the forecast tab it states this "Looking forward, we estimate it to trade at 599446.35 in 12 months time."

Once again aggregate supply is being used in lieu of battery grade. Not the same thing. EV penetration will remain high, more than enough to support price increases in lithium (and other critical minerals) with reasonable converter margins. Just watch as the US EV penetration increases too and policy on EV rebates improves beyond the current 7500 scheme. It all seems very short sighted and reeks of viewing lithium as a commodity, not a specialty chemical with nuance. Check out some rodney hooper.