The IEA has released its new yearly report on the status of global critical mineral supply chains, emphasizing the underlying themes of optimism for what has been accomplished and caution at what still needs to be done. Despite lower prices in battery raw materials like lithium, nickel, and cobalt, low prices also threaten the development of new mining projects, potentially threatening supply down the line. With the current supply/demand balance still harboring great economic and geopolitical risk, we’d happily agree that the current good times for consumers aren’t without caveats for the industry to consider. Interestingly, despite these warnings of the long-term effects of a weak price environment, the IEA seemingly elects not to consider this when forecasting its mineral…