RE: Spod Price20 May 2025 08:59
Yes as more and more Lithium miners shut down or slow production the price will turn.
AI….. Several lithium mines have been closed or temporarily suspended due to low lithium prices and market conditions. For example, Core Lithium suspended operations at its Finniss mine in Australia, and Arcadium Lithium mothballed its Mt Cattlin mine, both citing weak market conditions. Additionally, CATL's Jianxiawo mine in China was reportedly shut down due to falling prices, and MinRes shut down its Bald Hill mine.