New Lithium Related Article, page-2310

This is a straightforward game of strategy (101) from a dominant producer. All SQM are trying to do is stifle investment in the sector.

Punchline... $12B USD is needed over the next couple of years to meet forward demand forecasts.

Rationale:
SQM want to dominate the sector / goal retain position as a top 4 producer
Talking down price is counter intuitive to getting to best price for the product they sell
It's a signal to all lithium producers/competitors/new entrants
Helps the majors to consolidate the industry at a low price
Try buying an EV, there delivery delays everywhere (1-3 month delays)

Finally, I'd comfortably wager that Li brine prices will be largely stable and prices will range within +/- 5% this quarter.