World's largest lithium producer, already holding US$890M of...

World's largest lithium producer, already holding US$890M of cash (end of December), launches a surprise share issuance to investors to raise US$2.1B to help fund existing capital expenditures and repay short-term debt...

Hard to argue that is "nothing to do with lithium", it's quite a strong lead indicator of where they see the market in the short/medium term. They can say whatever they want in their releases/presentations, but the fact they're going to the market asking for a big pile of cash is the bit investors are listening to.