Today's move across lithium stocks is likely based on a bit of...

Today's move across lithium stocks is likely based on a bit of euphoria about COP28 that really revealed nothing new. It was just more talk in my opinion about things we already know or expect.
Share prices today also likely driven by some short covering and buys by lithium enthusiasts(mostly FOMO) in my view.
The short term pricing for lithium materials is still looks negative.
According to SMM and backed up by spot price moves:
"In November, China's LFP production was 114,000 mt, down 10% MoM and 5% YoY, with January-November total up 34% YoY. Q4 2023 saw lithium carbonate prices fall, prompting battery cell manufacturers to reduce inventories, which lowered LFP demand. The primary raw material's price drop in November also reduced LFP manufacturing costs. LFP producers continued aligning output with sales, minimizing finished goods inventory, significantly cutting .total market supply."
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...
(--- And the future ---)
"December 2023's LFP production in China is expected to drop to 91,050 mt, down 20% MoM and 10% YoY, marking the first time since May 2023 that monthly LFP production will fall below 100,000 mt."

Still some destocking ongoing by the sound of this and will continue to impact the spot market if true and continues.
Longer term we know that demand will increase, but how this is matched/ mismatched to supply is what drives prices in the short term. This short term outlook still sounds negative for spot lithium prices. I'd be hesitant to get excited too soon. Maybe just a one or 2 day show.