Lithium Australia NL (ASX:LIT) and its subsidiaries have announced to have implemented COVID-19 safety measures whereby most employees are working from home and others on premises practicing strict social distancing and hygiene standards.
Many service providers and other stakeholders involved in Company business have curtailed operations and delayed the commencement of new projects. As of now, the company is focusing on those business elements that can generate revenue in the near term and is deferring technology development and exploration expenditures in the Chemicals and Raw Materials units.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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