The spodumene oversupply issue is genuine. Too much Australian...

The spodumene oversupply issue is genuine. Too much Australian hard rock came on too fast. Worst of all, so much was funded at high debt levels.
Australian miners got over excited and what is absolutely bewildering is the number of people still pushing for massive short term hard rock expansions. It's just crazy for people to moan about low pricing yet cling onto near term stage expansions as some sort of cure for low profitability.
Most people seem to be blaming every possible source for the decline in spodumene pricing apart from the obvious one.
The way Australian miners reacted to lithium demand could have a lasting impact where regardless of battery materials supply shortages, spodumene could always be in oversupply.
When people hear "battery shortages" there is some weird mind translation that converts the phrase into "spodumene shortages".
The industry needs to collaborate on future expansion plans because they made a real mess of it.
Stop blaming shorters, manipulators and analysts for tanking SPs, blame the idiots who are still actively chasing funding for massive project expansions producing over supplied spodumene.
DYOR