Waiting for the JV https://www.google.ca/amp/s/www.argusmedia.com/en/news/2130939-lithium-output-cuts-raise-prospect-of-supply-deficit%3famp=1
Livent is being approached by automotive manufacturers to increase lithium production capacity to meet demand over the next five years, to locate capacity closer to their consumer markets, and diversify production away from China, Graves said. The bulk of lithium hydroxide refining capacity is in China, with small volumes in the US, Chile and Russia. But with automotive producers building out global supply chains for EVs, they are looking to secure supply from locations close to their manufacturing facilities.
"It is increasingly clear that the current lithium industry pricing environment, the significant capital needs relative to available capital, and the way lithium supply chains have developed so far, will not be sufficient for what the automotive industry as a whole will need if its plans for EVs are to be realised," Graves said.