Why are lithium prices collapsing?

> [..] and non new supplies were found

What do you mean by “non new supplies” being found (or is that a typo)?

I'm not saying that they lose their right to an opinion because they are not paragons of virtue. I'm saying that these wealthy people make no attempt at all to mitigate their environmental impact while telling you to essentially pay off their carbon bill. Elon Musk is not alone in taking his private jet on 10-30 minute flights for trips that could easily have been done in a car. Bill Gates has a gigantic unmitigated environmental footprint, for example.

Generally, you would expect people with more wealth and status to be focused on preserving that status. Part of that project is (ostensibly) preserving the world. If Bill Gates does not think that mitigating his own carbon footprint is important for the preservation of his fortune (including several seaside mansions, apparently), I doubt it's important for any of us in the preservation of our futures, despite what Bill Gates is saying about it. This is an example of the phenomenon of revealed preference (https://en.wikipedia.org/wiki/Revealed_preference) - you can learn a lot about what Bill Gates actually thinks by looking at what he does rather than what he says.

For the record though, I do think that what these wealthy people say is almost always the wrong thing to do in general. Wealthy people are known for giving bad advice on how to get wealthy, for example. Because some of them run their mouths a lot, they are also generally known for not being smarter than the average person outside of their area of expertise. Because I'm picking on Bill Gates, go ask anyone at the WHO or the CDC about their opinion of Gates' level of expertise on vaccines and disease prevention - it's not high.

Also, wealth and publicity are kind of correlated, but not that significantly. Bernard Arnault famously rarely says a word in public. Larry Ellison is very private. You probably haven't heard a word from Steve Ballmer, the Bettencourt family, or Larry/Sergei. The people who speak a lot about social causes are the ones who are trying to build a brand around those causes. You get a lot of famous actors worth single-digit millions (thanks to reckless spending habits) speaking about climate change, for example, while also not opting to adopt any green habits themselves. I'm picking on them too.

EDIT: I'm picking on rich people too much. You see the same behavior in politicians, too. They are completely unwilling to risk their political careers to make meaningful carbon impacts, and instead do inane things like banning plastic straws. That suggests to me that their level of concern is about at the level where someone would ban plastic straws: they want to do visible and silly things to placate the activists, but don't really think the issue is serious.

Not only strange but also illogical. Corporations make more profit when they act illegally. From lobbied protectionism to monopoly, exploitation of natural resources to pollution, hiring of ex government officials to bribery and gift giving and favors, and of course from hiring underpaid and abused workers in countries without labor protection, to knowingly using slave labor, and more, they have billions of reasons to break laws and violate human rights. And every time they do it, they pay a small fine that is dwarfed by their profits and nobody goes to jail.

You don't even have to look overseas. PG&E has caused hundreds of billions of dollars in damage due to wildfires caused by cost cutting; they don't want to do the maintenance they're legally required to do. Entire communities are left homeless and people are killed. And the company gets a tiny fine and the executives get bonuses.

It's actually amazing to me that corporations don't do it more often. It pays to be a piece of shit company.

Read up on the onion futures markets; due to a (rather fascinating) historical decision, they are one of the few commodities without speculative futures. As a result, price volatility in the market is massive, with far worse swings compared to the efficient markets where speculators operate.

I'm not hugely invested but I do prefer cooking on gas. I've had element stoves, they suck. I then had gas, it's great. I stayed in an Airbnb for a month and a friend's condo for a week with induction, it was better than radiant but worse than gas to me.

Also the power goes out at my house about 2x a year when we have windstorms. The stove still works, induction doesn't. So I can still cook and make coffee. My other option would be to use my grill in that situation. I like having backups.

It's not some conspiracy with me, I just didn't like it as much. There are dozens of us.

I also ran an experiment a few years back with some particulate sensors. I noticed when measuring during wild fire smoke the particulates went way up when I cooked bacon. So I did it again on a hot plate not gas. Same thing. The bacon grease and cooking itself was giving off a ton of particulates. To me the lesson was maybe cook outdoors. Or figure out how to plumb a vent through an upstairs living space attic and roof to vent outside.

I've also been hesitant on electric cars. My friend has an original roadster that I've driven several times. It's great even tho I can't even get out of it because of my size. However I go out to ski and road trip a lot. I constantly am evaluating if an ev is ready for that use, it's getting closer but not yet. The ski hills I go to are near range for a EV and the charging spots are all taken as are all the spots so that's a risk. Camping and backpacking is more iffy. There was charging at Yellowstone in a few spots but I doubt they ran it to mowich lake yet.

But the kicker is I just have several old cars (08) that are in great shape and I hate all the shit on new cars when I rent them. There's a few features that are great like the anti-tbone feature, and some backup cameras. But he'll they used to beep whenever someone was near you, or they freak out when your 5 feet from a hedge when parking moving .2 mph and slam on the brakes, or the infotainment system is slow, crashes, and has no buttons. So I'll just hold while those bugs are worked out. I think these cars may all get to 20 years easily.