Fantastic news. Just shows that GS and China knew what they were doing. Picked the one time of the year where they knew their would be Li excess to spin this false narrative. However, they won't be able to to argue with cold hard data. For those wanting to know what a China "re-stock" can do to a commodities price.
Have a look at what it did to FMG last year, They restocked in November. FMG a company with a MC 30Bill at the time, has since gone up by 50%
This is for iron ore, a material that will eventually be fazed out.
Just imagine what kind of rise we may experience for Lithium, when nobody has enough and everybody will need it.
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