Very well said. Shorting lithium producers isn't an activity dominated by small timers looking to make a few bucks - it's a very clever coordinated campaign to smash down and dominate the sector.
As has been pointed out, China produces 7% of the global lithium supply and does 80% of the processing. It absolutely makes sense to drive prices down and ultimately take over as many lithium producing mines as possible. Chinese authorities understand that sooner or later demand will ramp up, and are positioning themselves to reap huge spoils when it does.
I can't begrudge them that. There's a reason China is a first rate world power.
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Very well said. Shorting lithium producers isn't an activity...
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