Lithium prices dropped about 90% from their peak, but the market seems to be bottoming out. Demand is shifting to include more battery storage for solar and AI data centers, not just EVs. Spot prices in China are actually up over 20% this month. A recent report highlighted four stocks to keep an eye on: **Rio Tinto (RIO)**: They finished the $6.7 billion buyout of Arcadium Lithium. They are aiming for huge capacity increases by 2028. **Lithium Americas (LAC)**: The Department of Energy bought a 5% stake in them, and their Thacker Pass project in Nevada is moving forward with federal loans. **Albemarle (ALB)**: Focused on cost cuts and efficiency right now. They expect earnings to bounce back significantly in 2026. **SQM**: Expanding production in Chile and Australia. They see demand outpacing supply long term.