the softening in China is a play to protect their hydroxide...

the softening in China is a play to protect their hydroxide margins. they have locked in contracts of supply to battery manufacturers and with concentrate pricing being so high, its the refiners that are getting a margin squeeze.
govts all around the world wont retrrat from climate change targets because of a softening in economies. this protects the demand for lithium as auto makers wind up ice prodcution.
the 3rd industrial revolution is upon is and the old money who have protected their fossil fuel interests for so long have now made the decision to migrate and understand rheyve missed the boat. alas they are creating huge volatility in order to buy in cheap. bmx auction results are the "proof in the pudding" long term holders should be focused on. everything else is simply noise and games. dont get sucked in and make rash decisions based on very short term volatility. lths should remember we have seen surges followed by slumps that only last a matter of weeks. a drop in the ocean to a lth wanting financial security for the rest of their lives. let it play out and look back in a couple months and have a laugh.