Japan is still very much reliant on Russian natural gas which again saw a spike in price as the war takes another twist with the political situation in Russia heating up. The price of lithium carbonate has fallen marginally following its significant recovery in the last month on expectations that China’s EV market recovery isn’t going to meet historical standards, growing just 15% year-over-year following subsidy chaos. Increased supply from miners is also weighing price down and is expected to continue until year end. The degree of demand recovery will be the determining factor of lithium carbonate pricing until year end. Cobalt has continued its slow price recovery following news of the Democratic Republic of the Congo (DRC) continuing to…