Li3 Energy, Inc. to Attend Lithium Conference in Las Vegas January 26-28

LIMA, PERU--(Marketwire - January 25, 2010) - Li3 Energy, Inc. (OTCBB: LIEG) ("Li3 Energy" or the "Company") is pleased to announce that representatives of the Company will be in attendance at the Lithium Supply & Markets 2010 Conference January 26 to 28th at Caesars Palace in Las Vegas, NV.

The inaugural Lithium Supply & Markets (LSM09) conference was held in Chile last year and set out to explore whether or not there is enough lithium in the world to supply the pending demand from the electric and hybrid car battery markets. With the anticipated development from the upstream exploration and mining sector and lithium's end user markets, this year's Lithium Supply & Markets 2010 (LSM10) conference aims to build on the platform created by LSM09.

The conference is scheduled to cover a wide range of industry topics such as emerging US lithium production with a focus on the electric vehicle market and global supply developments and will include a number of perspectives presented by established producers regarding future prospects and an analysis of the overall market. Speakers will include professional consultants and industry analysts as well as senior management from medium to large scale producers alongside representatives from major manufacturers and industrial users.

Recent comments provide a timely backdrop to the event including the following: US President Barack Obama said, "At a time of historic crisis in our auto industry, this rule provides the clear certainty that will allow these companies to plan for a future in which they are building the cars of the 21st century."

Carlos Ghosn, CEO of Nissan, said in regards to their new electric car plant that, "Our electric vehicle investment is not one-car innovation, it is a new way of looking at our industry. This is the beginning of the story."

JP Morgan recently announced, "We believe that developing next-generation environmental technology will be a vital factor in determining survival in the automobile industry."

The representatives of Li3 Energy, Inc. look forward welcoming our fellow attendees to Las Vegas this week and feel confident that the time is right to introduce Li3 Energy as ready to "Lead the Charge" in lithium exploration and development.

The Company further wishes to announce the launch of our revamped website at www.li3energy.com and invite the public to come and visit us to find out more about our Company.

About Li3 Energy, Inc.

Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "proposes," "hopes," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of Li3 Energy, including, but not limited to, Li3 Energy 's ability to identify appropriate corporate acquisition and/or joint venture opportunities in the lithium mining sector and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities; future economic condition; political stability; and lithium prices. Additional information on risks and other factors that may affect the business and financial results of Li3 Energy can be found in Li3 Energy's annual, quarterly and current reports and other documents filed with the U.S. Securities and Exchange Commission and available at www.sec.gov.

Li3 Energy, Inc.
Luis Saenz, CEO

INVESTOR RELATIONS
Adam Chambers
Phone: 315-229-4408
Fax: 315-506-6725
Email Contact
www.li3energy.com

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/