On June 26th, GloinHoi reported that a executive of Albemarle Corporation warned at an industry conference on Tuesday that the current low lithium prices are difficult to support investment in new lithium plants. Eric Norris, a senior executive responsible for Albemarle's energy storage business, emphasized that the current lithium prices are worrisome, and investors should not invest money in lithium facilities at this price level. Despite the short-term concerns about lithium prices, Norris is optimistic about the long-term prospects of energy transformation. He believes that energy transformation is inevitable, and the growth momentum of demand for electric vehicles is strong. Our long-term demand forecast for lithium remains strong.