LIVIUM LTD — Capital/Financing Update 2015

Aug 11, 2015

Aust r alia

NL

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ASX ANNOUNCEMENT

COMPANY DETAILS

LITHIUM AUSTRALIA NL ABN : 29 126 129 413 ASX CODE: LIT & LITCB

PRINCIPAL AND REGISTERED OFFICE Cobre Montana NL Suite 3 23 Belgravia Street Belmont WA 6104

P +61 8 6145 0288 F +61 8 9475 0847

POSTAL ADDRESS

PO Box 588 Belmont WA 6984

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CORPORATE INFORMATION

(15 August 2015) 132M Ordinary Shares 50M Contributing Partly Paid Shares 12M Unlisted Options

BOARD OF DIRECTORS

12 August 2015

Lithium Australia’s continuous mini-plant test in Perth generates high-purity, 99.57% lithium carbonate

HIGHLIGHT

7.7 kg lithium carbonate produced, 94% recovery

More than seven kilograms of high purity lithium carbonate has been produced by lithium developer, Lithium Australia NL (ASX: “LIT”) from the Company’s 10 day continuous mini-plant processing trial recently completed at a Perth laboratory. The trial was conducted using processing technology licensed to LIT. The test resulted in the production of a total of 7.7kg of high-purity lithium carbonate derived from lepidolite (lithium mica) sourced from the Coolgardie Rare Metals Venture (Lithium Australia [ASX:LIT] 80%, and Focus Minerals [ASX:FML]) in WA’s Eastern Goldfields. LIT’s first two mini-plant tests (Refer ASX announcement 9 July 2015 and 20 May 2015) are the world’s first successful, continuous lithium extraction tests using hydrometallurgy on hard rock. This novel process was developed by Strategic Metallurgy Pty Ltd with which LIT has a strategic alliance. Lithium carbonate produced from the continuous mini-plant test achieved a high-purity of 99.57% with 94% recovery from leach liquor. Further mini-plant runs are anticipated in the near future and will include material sourced from LIT’s other projects.

George Bauk

(Non-Executive Chairman) Adrian Griffin (Managing Director) Bryan Dixon (Non-Executive Director)

Further detailed analysis of the recently completed mini-plant test run will be released when all results have been collated and reconciled.

Adrian Griffin Managing Director

ABOUT LITHIUM AUSTRALIA

For further information contact:

Lithium Australia NL Adrian Griffin (MD)

Tel: +61 (08) 6145 0288 Email: info@lithium-au.com Web: www.lithium-au.com

Lithium Australia (LIT) has a technical alliance with Strategic Metallurgy Pty Ltd to commercialise disruptive lithium extraction technology based on the recovery of lithium from micas; minerals not generally used as a source of lithium chemicals. LIT has a nonbinding Heads of Agreement with European Metals Holdings Limited to process lithium mineralisation at Cinovec in the Czech Republic on a 50/50 JV basis. Cinovec contains abundant lithium micas and is one of the world’s largest hard-rock lithium occurrences. In addition, LIT has strategic alliances with Pilbara Minerals Limited, Focus Minerals Limited and Tungsten Mining NL, to investigate lithium and rare metals in prospective locations of Western Australia close to well-developed infrastructure. LIT also has lithium exploration assets near Greenbushes and Ravensthorpe in Western Australia. LIT is also evaluating other European opportunities.

MEDIA CONTACT:

Adrian Griffin Lithium Australia NL 08 6145 0288 | 0418 927 658 Kevin Skinner Field Public Relations 08 8234 9555 | 0414 822 631