Just noticed lithium prices have climbed past 200k this week - pretty wild movement. The supply crunch is real right now, mainly because Zimbabwe's dealing with serious logistics issues. Even though they're allowed to export, getting the stuff shipped out is a nightmare - we're probably not seeing actual lithium concentrate hit smelters until mid-July at the earliest. So May and June are looking tight on supply. You can see it in the production numbers too - spodumene output is down, and Zimbabwean lithium sulfate shipments are basically trickling in. On the flip side, demand's picking up. All those new EV launches happening in late April are starting to drive orders, and battery makers are ramping production. Energy storage is still growing strong, which helps. The real story here is this mismatch - lithium prices staying elevated because of the shipping delays while demand's actually recovering. Worth watching how this plays out over the next couple months.