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Lithium Power International Announces Production of Lithium Carbonate Samples Imminent - Maricunga Lithium Brine Project

• 5% lithium concentration successfully achieved in Maricunga process test work.

• Milestone first production of lithium carbonate and potash (KCl) samples from pilot pond brine
expected by the end of 4Q17.

• Advanced production testing of the lithium and potash extraction processes continues at the pilot plant stage, using tier-1 equipment suppliers Veolia, GEA, Andritz and FLSmidth and certified laboratories using brine and salts from the pilot ponds.

• The production process utilizes evaporation ponds and proven process technology, so there is minimal future uncertainty over operations, Opex and Capex of the project.

Lithium Power International Limited (ASX:LPI) (“LPI” or “the Company”) is pleased to provide an update on the pilot plant process test work being carried out on lithium brine from the Maricunga project located in northern Chile.

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