Lithium Prices Sink To Five-Month Lows Amid Oversupply Jitters | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 23, 2026, 7:00 PM CDT Lithium prices have fallen nearly 30% from May highs as major mine restarts in China and Australia fuel fears of a significant global supply surplus. Producers including CATL, MinRes and Core Lithium are bringing idled capacity back online, with global lithium output projected to grow more than 25% annually through 2029. Despite the bearish supply outlook, strong EV sales, AI-driven…