Merger and acquisition activity in the lithium supply chain has caughtthe attention of investors who have caused share prices to jump fornew and upcoming projects, while traditional producers havestruggled with low product sales prices and an oversupplied market.Lithium producer share prices have diverged with the “Traditional5” remaining near the bottom of their 52-week ranges, see chart 1,while others have become more buoyant, led by the next-in-lineproducers and followed by some of the Australian hard rockproducers that started production last year.
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