Lithium is not tricky to find, its trick to extract and purify and the it takes a while to qualify it with battery companies. Doing all that takes a while and doing it cheap is not easy.
So lithium prices, might still go up because getting high quality supply into the supply chain is not easy.
The have a large number of videos, where many of the upcoming lithium producers present their projects.
The economical ways currently are:
- Spodumene (lithium in hard rock minerals)
- Brine (lithium in a salty water underground pond)
What is being developed for next generations:
- Clay (sedentary deposits)
- Deep Geothermal Brine (like Brine but much deeper down)
What is being worked on is Direct Lithium extraction, that means to get lithium directly from the brine (or leached from the clay) rather then putting it into evaporation ponds.
If you want real detail from an expert on lithium, check out: