RB Reports steady production and increasing sales of battery grade lithium carbonate at Quebec plant

RB Energy Inc.

TSX : RBI
OTCQX : RBEIF

August 18, 2014 08:31 ET

RB Energy Quebec Lithium Production Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - RB Energy Inc. (the "Company" or "RBI" or RB Energy") (TSX:RBI)(OTCQX:RBEIF) is pleased to report steady production at its Quebec Lithium project and increasing sales of battery grade lithium carbonate.

Since August 3, 2014 (News Release August 5, 2014), 62 tonnes of battery (>99.7% Li2CO3) grade material have been shipped to our off-take partner in China. Production levels currently average between 40 and 50 tonnes of battery grade material per week, and are expected to increase week on week going forward.

Production through the processing plant is now focused on improving recoveries and increasing volumes towards achieving commercial production levels by year end; all part of the standard commissioning process.

The Company has initiated short term financing arrangements as the first step in a two part financing process. The second step is a more comprehensive financing solution over the coming weeks which, combined with revenues from lithium sales, will allow Quebec Lithium to continue to operate in the normal course of business until commercial production volumes and positive operating cash flows are reached. 

About RB Energy Inc.

RBI currently owns Aguas Blancas, a producing iodine mine in northern Chile, and Québec Lithium near La Corne, Quebec. The Aguas Blancas operation is in production. The Québec Lithium operation has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI-43-101. Mr. Ross is Chief Operating Officer of the Company and a Member of The Institute of Materials, Minerals and Mining.

Forward-Looking Statements

Certain information contained in this news release, including any information relating to the state of the lithium and iodine industries; statements regarding our ability and the timing to achieve and sustain commercial production and name-plate production levels of iodine; our ability to secure additional financing; our ability to secure commercial orders from our customers; and our ability to become a material player in the lithium market are "forward-looking statements". These forward-looking statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of RBI. These forward-looking statements also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward looking information include, among other things, successful and timely commissioning, ramp-up and production at the Québec Lithium Project; the lack of any further significant capital expenditures during the commissioning stage or to bring the hydrometallurgical process plant into production; the continuing support and cooperation of RBI's off-take partners; as well as financial predictions premised on such assumptions. Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,

Richard P. Clark, President and CEO

Contact Information

• 
  
  RB Energy Inc.
  (604) 689-7842
  (604) 689-4250 (FAX)

RB Energy Announces the First Commercial Shipment of Lithium Carbonate

Marketwire
RB Energy Inc. (the "Company" or "RBI" or RB Energy") (TSX: RBI)(OTCQX: RBEIF) is pleased to announce the first commercial shipment of lithium carbonate from its 100% owned Quebec Lithium operation.

The first container of technical grade lithium carbonate (98.8%) was shipped to our offtake partner Tewoo ERDC this past weekend. 

Significant progress over the past 30 days has culminated in increasing production volumes and commencement of commercial shipments. Weekly shipments of lithium carbonate are now scheduled going forwards with volumes expected to increase week on week towards commercial production levels by late 2014. 

Quebec Lithium cash flow requirements are presently being satisfied by the forward sale of iodine from the Company's 100% owned Aguas Blancas operation in Chile. Discussions with stakeholders and other potential investors are in progress towards a more comprehensive financing package to take the Quebec Lithium operation to commercial production, and proceeding to name plate levels of 20,000 tonnes of lithium carbonate per annum in Q1 2015.

Minor modifications to the plant to achieve volume production of electric vehicle battery grade material (greater than 99.9%) are expected to be completed in late Q4. The Company will then have the flexibility to produce different quality products depending upon customer requirements and best pricing.
Commenting upon the first commercial shipment from the Quebec Lithium operation, Richard Clark, CEO of the Company, stated: "Although the commissioning of our lithium operation has taken longer than anticipated, we are very pleased to have at last achieved the important milestone of a first commercial shipment of lithium carbonate. We now expect to produce and deliver on a regular schedule with volumes increasing towards commercial production levels by the end of Q4. I would like to congratulate our operations team for their efforts in overcoming the many challenges that we have faced in the commissioning process and I join with them in looking forward to realizing the full potential of our lithium business."

About RB Energy Inc.
 
RBI currently owns Aguas Blancas, a producing iodine mine in northern Chile, and Quebec Lithium near La Corne, Quebec. The Aguas Blancas operation is in production. The Quebec Lithium operation has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI-43-101. Mr. Ross is Chief Operating Officer of the Company and a Member of The Institute of Materials, Minerals and Mining.

Forward-Looking Statements
Certain information contained in this news release, including any information relating to the state of the lithium and iodine industries; statements regarding our ability and the timing to achieve and sustain commercial production and name-plate production levels of iodine; our ability to secure additional financing; our ability to secure commercial orders from our customers; and our ability to become a material player in the lithium market are "forward-looking statements". These forward-looking statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of RBI. These forward-looking statements also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward-looking information include, among other things, successful and timely commissioning, ramp-up and production at the Quebec Lithium Project; the lack of any further significant capital expenditures during the commissioning stage or to bring the hydrometallurgical process plant into production; the continuing support and cooperation of RBI's off-take partners; as well as financial predictions premised on such assumptions. Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,
Richard P. Clark, President and CEO

Contacts:
RB Energy Inc.
Sophia Shane
(604) 689-7842
sophias@namdo.com

SOURCE: RB Energy Inc.

Lithium Carbonate 99.9% pure at RB Energy's production site

RB Energy Inc.

TSX : RBI
OTCQX : RBEIF

June, 2014

RB Energy Confirms Continuous Lithium Carbonate Production

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 5, 2014) - RB Energy Inc. (the "Company" or "RBI" or "RB Energy") (TSX:RBI)(OTCQX:RBEIF) is pleased to confirm that it has achieved continuous production of battery grade lithium carbonate (99.9% Li₂CO₃) at its 100% owned Quebec Lithium operation located at La Corne, Quebec.

An initial shipment of finished product to our principal offtake partner, Tewoo, was scheduled for the beginning of this week. However, after further discussions with Tewoo it has been decided to delay the commencement of sales shipments until lithium carbonate production has reached 55 metric tonnes per week to confirm product quality consistency and to maximize shipping efficiencies. Accordingly, our efforts remain focused on continuing the commissioning process towards achieving this production level. In the meantime, shipments of larger samples to Tewoo and other customers continue on a regular basis.

Quebec Lithium remains on track to achieve commercial production levels by the end of the 3rd Quarter and "name plate" production (20,000 tonnes per annum) by the end of 2014.

Commenting on product shipment scheduling, Richard Clark, Pres. and CEO, stated:

"We are very excited to have achieved continuous production of high grade battery product at Quebec Lithium. We are now focused on increasing production levels, firstly towards meeting the initial shipping volumes required by our offtake partner Tewoo, secondly to reach commercial production levels and finally, to realize the design production threshold of 20,000 tonnes per annum. The commissioning process is on schedule and we will continue to keep the market updated with regular progress reports."

About RB Energy Inc.

RBI currently owns Aguas Blancas, a producing iodine mine in northern Chile, and Quebec Lithium near La Corne, Quebec. The Aguas Blancas operation is in production. The Quebec Lithium operation has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI-43-101. Mr. Ross is Chief Operating Officer of the Company and a Member of The Institute of Materials, Minerals and Mining.

Forward-Looking Statements

Certain information contained in this news release, including any information relating to the state of the lithium and iodine industries; statements regarding our ability and the timing to achieve and sustain commercial production and name-plate production levels of iodine; our ability to secure commercial orders from our customers; and our ability to become a material player in the lithium market are "forward-looking statements". These forward-looking statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of RBI. These forward-looking statements also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward looking information include, among other things, successful and timely commissioning, ramp-up and production at the Québec Lithium Project; the lack of any further significant capital expenditures during the commissioning stage or to bring the hydrometallurgical process plant into production; the continuing support and cooperation of RBI's off-take partners; as well as financial predictions premised on such assumptions. Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,

Richard P. Clark, President and CEO

Contact Information

RB Energy Inc.
Sophia Shane
(604) 689-7842
(604) 689-4250 (FAX)
sophias@namdo.com

RODINIA LITHIUM WELCOMES DAVID STEIN THE BOARD

Toronto, Ontario, October 7, 2013: Rodinia Lithium Inc.  (“Rodinia” or the “Company”) (TSX-V: RM), announces the appointment of Mr. David Stein to the Company’s Board of Directors. Mr. Stein will be instrumental in providing financial and strategic guidance to the Company in its continuing strategy of becoming a low-cost producer of lithium carbonate and potash from its Salar de Diablillos in Salta Province, Argentina.  The Company welcomes Mr. Stein to the Board and looks forward to working with him as the Company’s strategic focus is realized.
Mr. Stein is an investment manager specializing in natural resource assets and companies and is currently the President and CEO of Aberdeen International Inc., a global resource investment corporation and merchant bank trading on the TSX.  Apart from overseeing natural resource investments across the globe, Mr. Stein has also served on a number of public and private resource company boards with a specific focus on Latin America, Asia and Africa.  Prior to joining Aberdeen International, Mr. Stein was a mining equities analyst, director and member of the executive committee at Cormark Securities Inc.  Mr. Stein joined Cormark’s predecessor Sprott Securities Inc. in 2001 and gained experience with equity research, corporate finance and marketing.  Mr. Stein holds a Master of Science degree (Economic Geology) and Bachelor of Applied Science (Geological Engineering) from Queen’s University, and is a CFA charter holder.
William Randall, President & CEO of Rodinia, commented “David and Aberdeen have long been supporters of Rodinia and strong believers in the potential of the Diablillos Project.  David brings invaluable expertise in the capital markets and a solid network of contacts in South America and across the broader investor universe.  We look forward to working more closely with him as he joins our Board of Directors.”
Mr. Stein replaces Mr. Dan Bruno who tendered his resignation from the Board. The Company would like to thank Mr. Bruno for his contribution to the Company and wish him success in future endeavors. 
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in Argentina.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.
Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact
Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release may be deemed to constitute “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may include, without limitation, statements (express or implied) regarding the appointment, anticipated timing and results of the development of the Diablillos property and the ability of the Company to complete a strategic transaction. There can be no assurance that such statements (express or implied) will prove to be accurate, and actual results and future events could differ materially from such statements. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information please contact	Aaron Wolfe
Investor Cubed Inc.	Vice-President, Corporate Development
Investor Relations	Tel: +1 (416) 309-2696
Tel: +1 (647) 258-3311

Rodinia Lithium Provides Processing Update On Progress At Diablillos

Toronto, Canada, June 11, 2013: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM) is pleased to provide an update on its small scale pilot pond system at its wholly owned Salar de Diablillos lithium-potash project, located in Salta Province, Argentina.  The small scale pilot pond system, which has been working continuously since February 2012, has been providing on site experience and allowing for several advances in the metallurgical process.  Highlights from the pilot pond system include:

• Second batch of lithium carbonate produced, increasing purity to 99.79% Li2CO3
• Additional work completed to improve removal of interfering magnesium and sulphate ions
• Developed and demonstrated an alternate method to produce caustic soda during the process
• Use of caustic soda later  in the production process, potentially reducing reagent costs
• Work continues on site to improve yield, develop separation techniques and reduce raw material costs

William Randall, President & CEO of Rodinia, commented “While we experienced delays due to a variety of factors, including a third straight year of record rainfall during January and February, we are on track to deliver an updated economic study on the project.  Results of additional work conducted on the Salar lead us to believe the updated study will be in line with our previously completed Preliminary Economic Assessment, showing very robust figures with relatively low capital expenditure.  Management believes that the high returns and low capital output of the project are attractive components in the current financial climate.”

During the first quarter of 2013, a second process run on a larger scale was completed, resulting in the production of a second batch of lithium carbonate.  The process employed remains largely the same as the Company’s initial run, but the increased quantity of lithium carbonate produced allowed for a hot water wash to improve the quality of the lithium carbonate.  This additional step in the process resulted in increased lithium carbonate purity of 99.79%.

In addition to completing production of a second batch of lithium carbonate, the Company’s engineering team has been operating the small scale pilot pond system continuously in search of improvements in the process design.  The engineering department has been successful in lowering magnesium and sulphate concentration below levels achieved in previous runs.  Removal of magnesium and sulphate ions to achieve low concentration levels in accordance with the Company’s process design has been successful.

In addition, a significant development has been achieved in the production of caustic soda during the evaporation sequence.  An alternate method was tested on the Salar in an attempt to harvest caustic soda during the regular operation of the evaporation ponds.  The Company remains encouraged that the successful harvesting of caustic soda could result in lowered externally sourced reagent use, which in turn, has the potential to lead to meaningful operating cost savings.

The Company expects to provide further updates of work completed on the Salar de Diablillos over the coming months.

The project is supervised by Bob Cinq-Mars, P. Eng. Mr. Cinq-Mars is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical information contained in this press release. Mr. Cinq-Mars is not independent of the Company.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia’s Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.  The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2013, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through feasibility study.

The Company also holds 100% mineral rights to approximately 15,000 acres in Nevada’s lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit.  The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact

Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the anticipated effects of the results and the impact of such results with respect to the pilot pond system, the timing with respect to future results, timing with respect to the completion of an updated economic study; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information please contact	Aaron Wolfe
Investor Cubed Inc.	Vice-President, Corporate Development
Investor Relations	Tel: +1 (416) 309-2696
Tel: +1 (647) 258-3311

Rodinia Lithium Secures $2 Million Stand-By Credit Facility From Key Shareholder

Toronto, Canada, February 26, 2013: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM) (Nasdaq-RDNAF.PK)is pleased to announce it has entered into a $2.0 million stand-by credit facility (the “Credit Facility”) with Aberdeen International Inc. (“Aberdeen”).  Aberdeen is currently a significant shareholder of Rodinia, is a long-time supporter of the Company, and is a member of the Forbes & Manhattan Inc. group of companies.

Under the Credit Facility, Rodinia has the ability to draw down amounts up to a maximum of $2.0 million (subject to the terms of the Credit Facility), with repayment of any draw down to be made by February 25, 2016.  Any amounts drawn down will bear interest at 10% per annum, payable quarterly in arrears, with the first installment due on June 30, 2013. As at September 30, 2012 (the Company’s most recent financial statements for the third quarter), the Company had $621,000 in cash and no debt.  Rodinia expects that its current funding will be sufficient to fund its operations through the delivery of a revised National Instrument 43-101 Mineral Resource Estimate and Feasibility Study for its Salar de Diablilos lithium-potash project in Salta, Argentina.

“The Credit Facility is a tremendous vote of confidence from one of our largest shareholders.  It insulates us from market uncertainty and provides a ready source of non-dilutive funding, if required, in the future,” said Aaron Wolfe, Vice President Corporate Development of Rodinia.  “We very much appreciate the on-going support of one of the Company’s longest and largest shareholders as we continue to achieve our short term milestones.”

In consideration for Aberdeen’s commitment under the Credit Facility, Rodinia has agreed to secure the Credit Facility against its Salar de Centenario assets.  No fees or warrants have been issued in relation to the establishment of the Credit Facility.  Promptly after signing the Credit Facility, the Company will draw down $300,000 from the line of credit. 

Aberdeen is a non-arm’s length party; as such term is defined by the TSX-Venture Exchange, as Aberdeen and Rodinia have a common senior officer.

About Rodinia Lithium Inc.:

 Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com. 

For further information please contact
Aaron Wolfe
Vice-President, Corporate Development
Tel: +1 (416) 309-2696

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release may be deemed to constitute “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may include, without limitation, statements (express or implied) regarding the anticipated effects of the results and the impact of the Credit Facility. There can be no assurance that such statements (express or implied) will prove to be accurate, and actual results and future events could differ materially from such statements. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Pure battery grade Lithium produced at Rodinia Lithiums Argentine Salar

RODINIA LITHIUM PRODUCES BATTERY GRADE LITHIUM CARBONATE OF OVER 99.45% PURITY

FOR IMMEDIATE RELEASE

• BATTERY GRADE LITHIUM CARBONATE PRODUCED WITH OVER 99.45% PURITY

• FURTHER WASHING OF PRODUCT AT INCREASED PRODUCTION RATES EXPECTED TO INCREASE PURITY TO 99.75%

• PROCESS AND COST STRUCTURE TO PRODUCE BATTERY GRADE LITHIUM CARBONATE REMAINS LARGELY THE SAME AS THAT REPORTED IN THE COMPANY’S PRELIMINARY ECONOMIC ASSESSMENT

• RODINIA CONTINUES TO WORK ON A REVISED RESOURCE ESTIMATE, ON THE OPERATION OF THE PILOT CYCLE, AND ON COMPLETING THE FEASIBLITY STUDY.  ALL MAJOR DRILLING AND CONSTRUCTION WORK IS COMPLETE

Toronto, Canada, October 16, 2012: Rodinia Lithium Inc. (TSX-V: RM; OTCQX: RDNAF) successfully produced lithium carbonate from the concentrated brine derived from the pilot ponds installed at its Diablillos property, located in Salta, Argentina.  This first batch of lithium carbonate achieved a purity of 99.45% Li2CO3, and can be further washed employing the same methods to 99.75% Li2CO3.  The process employed during the production of lithium carbonate is approximately the same as described in the Company’s Preliminary Economic Assessment (“PEA”) filed on SEDAR at www.sedar.com. 

William Randall, Rodinia’s President  & CEO, commented, “The production of battery grade lithium carbonate from brine concentrated on site is a major milestone for Rodinia.  This reflects on both the quality of our brine and that of our team, who has advanced this project through the initial phases with remarkable success.  This last achievement serves as further encouragement that our process design, as described in the PEA, can achieve high purity lithium carbonate production at the estimated costs.”

The brine was concentrated and treated on site at the Salar and then shipped to SGS Laboratories in Lakefield, ON.  The brine was then processed to prioritize lithium carbonate production following the flow sheet described in the PEA.  Further batches of concentrated brine derived from the pilot ponds will be available for further processing prior to completing a full cycle at pilot scale in the first quarter of 2013.  Completion of the pilot plant cycle is expected during the first quarter of 2013 and is expected to be the final component of the upcoming Feasibility Study.

William Randall added, “The next deliverable is expected to be the completion of an upgraded resource estimate that, in conjunction with the information gathered during operation of the pilot plant in Q1 2013, will form the basis of the Feasibility Study.  All drilling and major construction work has been completed on site, which means we can focus our resources on the optimization of our Feasibility Study.”

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia’s Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.  The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2012, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through feasibility study.

The Company also holds 100% mineral rights to approximately 15,000 acres in Nevada’s lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit.  The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia’s Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical information contained in this press release.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com.

	further information please contact
Investor Cubed Inc.	Aaron Wolfe Vice-President, Corporate Development
Investor Relations	Tel: +1 (416) 309-2696
Tel: +1 (647) 258-3311

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the anticipated effects of the results and the impact of such results upon the PEA, the timing with respect to future results, timing with respect to the completion of the PEA; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Related articles

• Rodinia Lithium Strengthens Ties to Salta, Argentina

Rodinia Lithium Strengthens Ties to Salta, Argentina

 With the Addition of Rodrigo Javier De La Serna Correas to Its Board of Directors (ccnm)

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2012) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to announce the appointment of Mr. Rodrigo Javier de la Serna Correas to the Company's Board of Directors. Mr. de la Serna will be instrumental in providing legal, financial, and strategic guidance to the Company in Salta, as Rodinia continues its strategy of becoming a high-grade, low-cost producer of lithium carbonate and potash. The Company welcomes Mr. de la Serna to the Board and looks forward to working with him as the Company's strategic focus is realized.

Mr. de la Serna is a commercial lawyer residing in Salta, Argentina where he has practiced law for over a decade. As legal advisor to the Government of Salta Province, Mr. de la Serna participated in the creation of a state run company known as Recursos Energeticos y Mineros S.A. ("REMSA"). REMSA was created in May, 2008 with the purpose of exploring and developing mineral properties, with a focus on renewable energy sources. REMSA currently controls the natural gas supply of the Puna region and plays an active role in mining within the Province of Salta. Mr. de la Serna has since become involved with various mining enterprises and has successfully helped finance, commercialize and/or develop a number of projects.
William Randall, Rodinia's President & CEO, commented, "We are extremely pleased to welcome Mr. de la Serna to the board, adding a vital presence in Salta through his distinguished status within the community. Mr. de la Serna will bring a wealth of experience to the board as we develop the Salar de Diablillos through to commercial production." 

Mr. de la Serna replaces Mr. David Stein who tendered his resignation from the Board of Directors of the Company effective September 4, 2012. Mr. Stein has resigned in order to focus on other work commitments, however, he has agreed to remain involved with the Company on an advisory basis.
William Randall added, "David has been a key member of the Rodinia team over the past four years, and played an instrumental role in helping the Company transition into the lithium-brine exploration and development business. On behalf of the board and management team, I would like to thank him for his contributions to the success of the Company and wish him well in his other endeavours."
In connection with his appointment to the board of directors, the Company has granted Mr. de la Serna 200,000 stock options of the Company. The options shall be exercisable at $0.17 and shall expire on September 12, 2017. The options remain subject to the receipt of regulatory approval, including the approval of the TSX Venture Exchange, and shall remain subject to a statutory four month hold period.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m³ grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2012, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through feasibility study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical contents of this press release.

Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the appointment; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations
Investor Cubed Inc.
+1 (647) 258-3311

OR

Aaron Wolfe
Rodinia Lithium Inc.
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Talison Lithium completes new plant

Talison Lithium Announces Official Opening of Greenbushes Lithium Operations Plant Expansion (ccnm)

PERTH, WESTERN AUSTRALIA--(Marketwire - Aug. 10, 2012) -Talison Lithium Limited ("Talison" or the "Company") (TSX:TLH) is pleased to announce the official opening of the Greenbushes Lithium Operations plant expansion, located in Western Australia.

Over 150 international and local guests and dignitaries including customers, shareholders and local community members attended the official opening ceremony at the Greenbushes Lithium Operations. Guests were addressed by Peter Robinson, Chairman and Pat Scallon, General Manager Greenbushes before undertaking a tour of the mine and processing plants. The expansion was officially opened by the Honourable Terry Redman MLA, West Australian Minster for Agriculture and Food, Forestry, Housing and Member for Blackwood-Stirling.

Enabling growth into the future
Peter Robinson, addressing the attendees said, "Talison was, and remains of the view that lithium will be a major part of the world's new energy future, not just for mobile electronics such as iPads, but electric vehicles, grid stabilisation batteries, and solar storage. The expansion demonstrates Talison's commitment to this belief and provides these new industries with confidence that lithium will be available to support the new energy future."

The Expansion was completed and commissioned in June 2012, doubling Talison's production capabilities to around 100,000 tonnes lithium carbonate equivalent per annum. This equates to nearly two-thirds of current global demand. The Expansion was deliberately designed to be large scale to both provide operational efficiencies and enable Talison to support the needs of the lithium market into the future.

Talison expects to progressively increase capacity utilisation of its expanded chemical-grade concentrate processing plant as the lithium market grows. However, the Expansion also provides Talison with the capacity to respond rapidly to changing conditions in the lithium market.

Peter Robinson continued, "Looking forward to the future, this new expansion will also provide high-quality feedstock for our own plant to produce lithium carbonate for customers in countries including Japan, Korea and Europe. This is the next exciting phase of growth for Talison."

ABOUT TALISON
Talison is a leading global producer of lithium and has been supplying a global customer network from the Greenbushes Lithium Operations in Western Australia for over 25 years. In anticipation of sustained growth in lithium consumption, driven primarily by the secondary lithium battery market, Talison has doubled its production capacity at the Greenbushes Lithium Operations and is advancing several growth projects including a lithium carbonate plant in Western Australia.

Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release, including any information as to Talison's mineral reserve and mineral resource estimates, strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.
Forward-looking statements are necessarily based on a number of factors, estimates and assumptions that, while considered reasonable by Talison, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors, estimates and assumptions include, but are not limited to: anticipated financial and operating performance of Talison, its subsidiaries and their respective projects; Talison's market position; future prices of lithium or lithium concentrates; estimation of mineral reserves and mineral resources; realization of mineral reserve and mineral resource estimates; timing, amount and costs of estimated future production; grade, quality and content of concentrate produced; sale of production; capital, operating and exploration expenditures; costs and timing of the expansion of the Greenbushes Lithium Operations; exploration and development of the Salares 7 lithium project; costs and timing of future exploration; requirements for additional capital; government regulation of exploration, development and mining operations; environmental risks; reclamation and rehabilitation expenses; title disputes or claims; absence of significant risks relating to Talison's mining operations; the costs of Talison's hedging policy; sales risks related to China; currency; interest rates, and limitations of insurance coverage. While Talison considers these factors, estimates and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Readers are cautioned that forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Talison and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risk factors include, amount others, those described in the unaudited condensed consolidated interim financial statements of Talison and the related notes thereto as at March 31, 2012 and for the nine months ended March 31, 2012 and under the heading "Risk Factors" in the annual information form of Talison for the year ended June 30, 2011 dated September 23, 2011, each of which can be found on Talison's SEDAR profile at www.sedar.com. While Talison considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect and actual results may vary.
Although Talison has attempted to identify statements containing important factors that could cause actual actions, event or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this press release based on the opinions and estimates of management on the date statements containing such forward-looking information are made. Except as required by law, Talison disclaims any obligation to update any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

FOR FURTHER INFORMATION PLEASE CONTACT:

Nicole Smith
Talison Lithium Ltd
+1 (647) 343-1992
investorrelations@talisonlithium.com

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Talison Lithium Announces Record Sales Volume and Price for Fiscal 2012 Year

Perth, Western Australia, July 9, 2012 – Talison Lithium Limited (“Talison” or the “Company”) Toronto TLH or Nasdaq TLTHF ) today announced its preliminary sales volume and production results for the three months ended June 30, 2012 (“Q4 FY2012”) and the fiscal 2012 year (“FY2012”).

Peter Oliver, Chief Executive Office and Managing Director, said, “The increase in average sales price during the fourth quarter reflected the 15% price increase that applied from January 2012. Together with the record sales volumes for the year, and the recent completion of the expansion at the Greenbushes Lithium Operations, this places Talison in a strong position as it moves towards an investment decision on its proposed lithium carbonate plant.”

Preliminary Sales and Production Volume

• Talison sold 365,545 tonnes lithium concentrate during FY2012 (or approximately 54,000 tonnes lithium carbonate equivalent (“LCE”)), an 8% increase compared to FY2011.
• In Q4 FY2012 Talison sold 98,113 tonnes lithium concentrate (or approximately 14,500 tonnes LCE), a 6% increase compared to Q4 FY2011.
• The average sales price of lithium concentrates sold during FY2012 was US$334 per tonne, a 9% increase compared to FY2011.
• The average sales price of lithium concentrates sold during Q4 FY2012 was US$351 per tonne, demonstrating the impact from the 15% price increase that applied from January 2012.
• Production of lithium concentrate for FY2012 and Q4 FY2012, was 357,128 tonnes of lithium concentrate (approximately 53,000 tonnes LCE) and 83,842 tonnes of lithium concentrate (approximately 12,500 tonnes LCE) respectively.

* Tonnes of lithium concentrate

(1) From quarter to quarter sales volume and average sales price may vary as sales are made in large shipments that can be irregular in timing and in varying proportions of technical-grade and chemical-grade lithium concentrate.

           
To view the entire press release please visit:
July 9th, 2012 Talison Lithium Ltd. Press Release 

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