Rodinia Lithium Files Favourable Preliminary Economic Assessment Technical Report

Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF)
is pleased to announce that the Company has filed a National Instrument
43-101-compliant Technical Report dated December 22, 2011, effective as of
November 8, 2011 entitled "NI 43-101 Technical Report Preliminary Economic
Assessment Salar de Diablillos Project Salta, Argentina", prepared by SRK
Consulting (U.S.) Inc. (the "Report") under the Company's profile on SEDAR at
www.sedar.com. The Report contains a comprehensive sub-surface to end gate
breakdown of Rodinia's Preliminary Economic Assessment ("PEA") on the 100% owned
Salar de Diablillos lithium brine project ("Diablillos" or "Salar") located in
Salta Province, Argentina, the results of which were announced in a press
release dated November 7, 2011.


The Report includes:



--  Detailed geological overview and sub-surface brine model 
--  Preliminary processing flow sheets and site layout 
--  Overview of connections to key infrastructure including, water, power
    and transportation 
--  Sensitivities of the project to changes in lithium carbonate price,
    operating and capital costs 
--  High level project development schedule



There are no material differences between the results announced in the press
release dated November 7, 2011 and the final PEA.


PEA Highlights (all currency is US$, pre-tax)

The PEA outlines an operation producing 15,000 tonnes lithium carbonate ("LC")
per year and approximately 51,000 tonnes of KCl ("potash") per year, projecting
a 34% internal rate of return ("IRR") pre-tax and a $561 million pre-tax net
present value ("NPV") at an 8% discount rate. The PEA also outline's Rodinia's
available option to increase production to 25,000 tonnes LC and 85,000 tonnes
potash per year. This increased production scenario generates a much higher
pre-tax NPV estimate of $964 million, along with a pre-tax IRR of 36%. A summary
of the key economic findings, as reported in the November 7, 2011 press release,
includes:




----------------------------------------------------------------------------
Production Case:                           15,000 tpa LC      25,000 tpa LC 
----------------------------------------------------------------------------
NPV at 8% discount rate                   $  561 million     $  964 million 
----------------------------------------------------------------------------
IRR                                                   34%                36%
----------------------------------------------------------------------------
Total Initial Capital Costs               $  144 million     $  220 million 
----------------------------------------------------------------------------
Operating Costs per tonne LC(i)           $        1,519     $        1,486 
----------------------------------------------------------------------------
Operating Costs per tonne LC with potash                                    
 and boric acid credits                   $         (703)    $         (762)
----------------------------------------------------------------------------
Operating Costs per tonne KCl(i)          $          170     $          160 
----------------------------------------------------------------------------
Average annual free cash flow(i)          $   89 million     $  150 million 
----------------------------------------------------------------------------
Mine life                                            20+                20+ 
----------------------------------------------------------------------------
Annual production rate of potash(i)               51,000             85,000 
----------------------------------------------------------------------------
Annual production rate of boric acid(i)           18,000             31,000 
----------------------------------------------------------------------------
Projected commencement of production                2015               2015 
----------------------------------------------------------------------------
Years to payback                               1.6 years          1.5 years 
----------------------------------------------------------------------------
(i)Averaged using years of full production, discounting ramp up period.     
(i)Assumes average sale price of US$5,500/t LC; US$620/t KCl; and US$1,150/t
boric acid.                                                                 



The PEA is preliminary in nature, includes inferred brine resources that are
considered too speculative geologically to have the economic considerations
applied to them that would enable them to be categorized as mineral reserves,
and there is no certainty that the estimates of the PEA will be realized.


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 2011, Rodinia will focus on
continuing to develop the Diablillos project by completing additional drilling
and advancing through scoping 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.


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 drill program at the Diablillos property and results of such
drill program; the potential of the Diablillos property; anticipated timing with
respect to the development 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.
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