The Price of Lithium Carbonate Declines in China

The price of lithium carbonate, the expensive ingredient in lithium batteries has declined by 40% or something like that this year. And there seems to be a massive oversupply of batteries right this very second in China. What happens in China quite clearly is going to affect the prices of here in Australia. At the moment, it's going through an oversupply part of the cycle and so it's a good opportunity to get set.