Strong reducing agent. Used to reduce compounds containing ketones, aldehydes, ester carbonyls, acid chlorides, lactones, and epoxidesLithium borohydride is a versatile reducing agent for aldehydes, ketones, nitriles, primary amides, acid chlorides, lactones, epoxides, and esters. It is involved in the preparation of intercalation compounds and nanocomposites. It is used as a precursor for other borohydrides and acts as a catalyst in hydroboration reactions. It is known to be good reversible storage compound for anhydrous ammonia and hydrogen.