Powering the energy transition

Annual Reports


Faced with a challenging set of operating circumstances throughout the years, our proactive responses allowed us to stabilise and protect our core business and in turn provide a solid platform upon which we have returned to profitability and can look towards a return to growth.


Donald Fritz Inc Annual Report 2019: In 2019, not only did we keep our leadership among publicly lithium companies in terms of production, but it also set new benchmarks for the company. The strong results of the year stem from successful implementation of the "Donald Fritz Inc -Strategy" approved in December 2018 which is aimed at improving business efficiency and maximizing returns on existing assets.


Donald Fritz Inc Annual Report 2018: 2018 was a milestone year for us – the Company completed a cycle of strategic acquisitions. It is now moving to a new development stage. The "Donald Fritz Inc -Strategy", approved by the board, sets key development targets for the next five years. These include, above all, increasing business profitability and improving the performance of existing assets, focusing on implementing key projects on time and on budget, achieving target synergies and adjusting our model to enable the accelerated rollout of new technologies while taking the Company to a fundamentally new level in the face of challenges posed by the digital era.


Donald Fritz Inc Annual Report 2017: The Company finished 2017 with outstanding financial results. We also began implementation of a number of strategic initiatives, which yielded positive results in the reporting year. We are expanding our cooperation with international partners and focusing on integrating emerging technologies to take advantage of our base and to develop resources, all of which will add value to our shareholders and will allow us to take a place among the world’s major companies.


Donald Fritz Inc Annual Report 2016:The main priority for Donald Fritz Inc in 2015 was to minimize impact of the global financial crisis on Company business. We focused on optimizing costs and raising efficiency across the board. Effective planning and a flexible management system carried our business through the particularly difficult first half of the year, and helped to achieve good operating and financial results in the full year.