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Tuesday, 05/24/2011 1:40:55 PM

Tuesday, May 24, 2011 1:40:55 PM

Post# of 2131
READ THIS: News summary - brief highlights from the LIEG acquisition of 60% controlling interest in Maricunga project. And HUGE partnership with one of the leading steel/lithium battery manufacturers on the planet!
Key point. This management team has a strong strategy, has planned clever synergistic acquisition's and has secured the distribution channels for its product. It is setting the stage for explosive growth. Work programs commencing - out to tender soon.

05/23 Li3 Energy Closes Strategic Maricunga Acquisition and Financing Transaction

With this controlling interest in the Maricunga property (ranked by SignumBOX as one of the top ten lithium projects in the world) and its other prospective strategic lithium and other mineral holdings, Li3 is now firmly focused on the acquisition and development of highly prospective lithium brine properties in the Americas.

05/09 Li3 Energy Signs MOU With One of the World's Largest Steel Manufacturers for Access to Lithium

POSCO is a diversified company, with operations in energy, chemicals and materials. POSCO is one of the largest steel manufacturers in the world with $56 billion in annual revenues and invests in numerous global resource development projects and has been actively evaluating and pursuing leading lithium projects globally.
The government of the Republic of South Korea, one of the world's leading lithium battery producing nations has mandated to invest $12.5 billion over the next ten years in lithium resource projects and deemed lithium a "strategic commodity."

03/01 Li3 Energy, Inc. has Signed a Binding Agreement to Acquire the Maricunga Lithium Project and has Begun the Process of Applying to List on the Toronto Stock Exchange

DFW - please sticky this! GLTA!

LIEG

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