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Li3 CEO to Present at the 4th Annual Lithium Supply & Markets Conference

Speaker on Topic of "Role of Strategic Alliances"

Li3 Energy, Inc., a US-listed and South American based global exploration and development company in the lithium and minerals sector, is pleased to announce that Luis Saenz, Li3’s Chief Executive Officer, will be a speaker and presenting at the 4th Annual Lithium Supply & Markets Conference held in Buenos Aires Argentina January 23rd – 25th 2012. Some of the topics likely to be covered this year include:

— The status of emerging producers, both brine and hard rock
— New lithium material technologies and impact on demand for cathode,
anode and electrolyte compositions
— Graphite availability and its impact on lithium battery development
— Non-battery lithium supply/demand
— Strategic alliances and their role in lithium raw material supply
— Standards for reporting lithium brine resources/reserves
— Supply/demand forecasts
— The role of by-products (potash, boron, etc.) in lithium brine
production economics

Luis Saenz, Li3’s CEO, stated: “These are very exciting times for Li3, as we continue to make excellent progress advancing our $8MM Phase One Exploration and Development Plan and site work at our flagship Maricunga project. We are both honored and humbled to be a part of this conference, allowing us to showcase Li3’s accomplishments and
2012 goals on an international stage.”

Li3 plans to provide a copy of the presentation on its website the day of the presentation at www.li3energy.com.

About Li3 Energy, Inc.

Li3 Energy, Inc. is an exploration and developmental stage public company in the lithium mining and energy sector. Li3 aims to acquire, develop and commercialize a significant portfolio of lithium brine deposits in the Americas. With its controlling interest in its Maricunga project, Li3’s goals are to; a) support the global implementation of clean and green energy initiatives; b) meet growing lithium market demand and; c) become a mid-tier, low cost supplier of lithium, potassium nitrate, iodine and other strategic minerals, serving global clients in the energy, fertilizer and specialty chemical industries. Additional information regarding the company can be found in our recent filings with the Securities and Exchange Commission (“SEC”) as well as the information maintained on our website www.li3energy.com.

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