Over the past few years, the lithium markets exploded as the electrification drive went into overdrive. EV makers like Tesla Inc. (NASDAQ:TSLA) have been scrambling to secure supplies amid rapid EV growth and tight lithium supplies, sending lithium carbonate prices up more than six-fold and spodumene up nearly tenfold in the space of a few years. But as the old adage in the commodity markets goes, the cure for high prices is high prices, or in more common parlance, what goes up must come down: lithium prices have crashed spectacularly…
