I wondered why the Lithium Carbonate price seemed to have stalled. I found this:
https://digitimes.com/news/a2022030...energy-lithium-battery-lithium-carbonate.html
From the article:
"It is rumored that China-based battery makers have started boycotting rising lithium carbonate prices. Based on Chinese media, CATL claimed it would stop accepting orders if the price per ton of lithium carbonate exceeded CNY470,000, and prices have already surpassed this ceiling. It has been reported that several China-based cathode material factories have also stopped buying goods as a means of boycotting soaring prices, and that BYD is also participating in the boycott, but this has not been confirmed by the factories themselves."
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