The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result.
The country, home to Rio Tinto's Jadar project, inked a series of deals granting EU members exclusive access to Serbian lithium.
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Mercedes-Benz and Stellantis are currently in discussions with Serbia’s government to invest in the country.