It begins with discovering and developing better performing, and more environmentally friendly cell chemistries.

Company has declared a maiden ore reserve of 16.6-million tonnes, grading 1.18% lithium oxide and 13.4% boron trioxide at its lithium/borate project in Serbia.

Lockdowns around the world have prompted households to stock up on long-lasting food and buy more home electronics, providing a boost for the metal.

Processing capacity at the open pit mine has been increased by 50%.

“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.