https://www.msn.com/en-ca/finance/topstories/livent-ceo-to-ev-industry-sign-better-deals-or-risk-lithium-supply/ar-BB17HrWS

So what is the "Market Outllook" according to Livent's CEO?

Market Outlook

Livent expects near-term demand to continue to be challenged by weakness in key global markets. Market visibility remains limited in light of economic concerns related to the COVID-19 pandemic, and as a result Livent will not be providing updated financial guidance at this time.

Longer term, Livent continues to expect significant electric vehicle demand growth. Major OEMs are making stronger commitments to their EV platforms, and consumer demand, while currently impacted by COVID-19, shows a growing preference for electric vehicles, leading to higher market penetration rates. Governments around the globe continue to put policies, regulations and incentives in place to support and accelerate this shift to electrification.

On the supply side, COVID-19 restrictions have led to reduced near-term supply growth, while sustained weakness in lithium pricing has forced many developers and producers to defer or cancel new projects and expansions. This is expected to create a shortage of battery qualified lithium materials in the coming years.

"The transition to EVs continues despite COVID-19 related delays, as long-term OEM, government and consumer interest continues to grow. We believe Livent is well positioned to navigate short-term industry weakness and is prepared to react to a return of more normalized demand growth. Our core advantages – the low-cost and sustainable nature of our operations, our partnerships with leading battery producers and OEMs, and our continued investment in developing next generation engineered lithium products – position us to be a prime beneficiary of future improvements in lithium market conditions," concluded Graves.

Graves statements were from a PR:  https://www.prnewswire.com/news-releases/livent-releases-second-quarter-2020-results-301107841.html

My opinion:  Just more evidence that the world production of battery grade lithium, although now in oversupply, is rapidly transitioning to a situation where it will fail to keep up with demand... particularly when the world comes out of the fog of Covid-19.  Time wise that very well could correspond closely with the time Cauchari-Olaroz actually goes into production... very fortuitous for LAC, if that coincidence does, in fact, occur.