What Caused the Dramatic Drop in Lithium Prices?

That’s what happens when Ponzi schemes begin to falter. Everyone who sails in the wake of the scheme goes under as well. New mining projects were not negotiated and closed because there was a real market. The market illusion was enough for those in the driving seats because they never cared much about long-term sustainability or profits. They cared much more about closing big deals that would give them big bonus payouts and when the whole thing comes crashing down they are already kicking it in the Caribbean. Lots of sheep attract the wolves. 

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