Maybe KDR selling 50%+ of their resource to SQM for $120M told the market that Lithium can be had for a song...
Then you've got another set of idiots doing a DSO thing...
Do you think Telsa and others want the price of these commodities to go up? Quite the opposite. The cheaper the commodities, the greater the margin for Panasonic / Tesla and every other Chinese EV manufacturer. They want their batteries cheaper, not more expensive (as we do).
Given that bargain, the market is probably thinking, why pay more. You can be certain they will manipulate the hell out of it for the cheapest deal.
