Lithium down bigtime. What’s the move?


Lithium is down like 95% and looks like a great time to buy for next cycle whenever that is.

So far what I understood is that we are seeing a slowdown in the EV market, particularly in China. The rapid demand in EV drove the growth, leading to now an oversupply.

Trying to gather info on this sector. Major lithium deposits are in Australia, Chile, and Argentina, with Australia being the largest producer.

Is there anything else that contributed to this?
Any good picks with big deposits taken to maintenance or better yet waiting to go online?

I have experience from Uranium but havn't invested in any other minerals


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