Sobering reading from SQM.
Average price for #lithium in Q1 at $9.14/kg and the company expects prices for Q2 to be lower. Combined with BYD (& others) front loading EV sales with price cuts in China, it would appear that market conditions remain challenging. Who will cut production?
https://x.com/RodneyHooper13/status/1927692544776835451
