Talison Lithium Board

Chairman

Peter Robinson - Non Executive Chairman

Mr. Robinson was Chief Executive Officer and Managing Director of Talison Minerals from August 2007 until January 2010. Prior to this, Mr. Robinson was Chief Executive Officer of Sons of Gwalia from July 2006 to August 2007. Mr. Robinson was Chief Executive Officer and Managing Director of Ticor Limited from June 2004 to July 2006. Ticor Limited is a mining and processing company that produces titanium minerals, zircon and titanium dioxide pigment. Mr. Robinson was General Manager - Strategic Development for Ticor Limited from July 2000 to June 2004. Prior to this, Mr. Robinson was employed by Chello Broadband, a broadband internet company, as a consultant from December 1999 to June 2000. Mr. Robinson was employed by RGC Limited, a diversified mining company, as Executive Director Operations from 1995 to December 1998. Mr. Robinson has over 35 years of mining experience in a range of metal and mineral commodities and mining operations around the world. Mr. Robinson has a Bachelor of Science (Honours) from Leeds University in the United Kingdom and is a Fellow of the Australasian Institute of Mining and Metallurgy.

Directors

Peter Oliver - Chief Executive Officer and Managing Director

Mr. Oliver has substantial experience in the resources industry, particularly focused on process improvements and optimising operational performance. He has a Bachelor of Applied Science Degree from the Western Australia Institute of Technology (now Curtin University). Prior to being appointed Chief Executive Officer and Managing Director of Talison Lithium in January 2010, Mr. Oliver was Chief Operations Officer of Talison Minerals. Mr. Oliver previously held the position of General Manager Operational Planning at Talison, as well as General Manager at the Talison Minerals Wodgina mine site. Mr. Oliver joined Sons of Gwalia in May 2003 and held a number of roles in the company, including Acting General Manager at Greenbushes. Mr. Oliver previously ran his own consultancy business servicing the minerals industry in Western Australia.

Frank Wheatley - Executive Director - Corporate Affairs and Strategy

Mr. Wheatley joined Talison Lithium in January 2010. Prior to this, Mr. Wheatley was the Vice-President and General Counsel of Gabriel Resources Ltd. (TSX: GBU), an exploration and development company focusing on gold projects in Romania from 2000 to 2009, and prior to which, the President and Chief Operating Officer of Gabriel Resources Ltd from April 1999 to October 2000. Prior to this he was Vice President, Legal Affairs of Eldorado Gold Corporation, prior to which he was in private practice with the law firm of Smith Lyons LLP in Vancouver. Mr. Wheatley has 25 years' experience as a director and senior officer of, and legal counsel to, a number of Canadian public mining companies and has extensive legal and business experience in the mineral industry, particularly in the areas of public financing, project debt financing, permitting of large scale mining projects, and strategic mergers and acquisitions in the international minerals industry. Mr. Wheatley received his Bachelor of Commerce (Finance) and LL.B. degrees from the University of British Columbia. Mr. Wheatley is also an independent director of Teranga Gold Corporation (TSX:TGZ / ASX:TGZ), Lithic Resources Ltd (TSX Venture Exchange: LTH) and Portal Resources Ltd (TSX Venture Exchange: PDO).

Ronnie Beevor - Non-Executive and Lead Director

Mr. Beevor has been a Director of EMED Mining Public Limited (AIM:EMED; TSX:EMD), exploration and development company focusing on copper and gold in Europe, since December 2004 and Chairman since March 2007. Prior to joining EMED Mining Public Limited, Mr. Beevor was Head of Investment Banking at NM Rothschild & Sons (Australia) Limited from July 1986 to April 2002, and currently he is a Senior Advisor to Gryphon Partners Advisory Pty Ltd. Mr. Beevor has extensive experience in and involvement with the natural resources industry in Australia and internationally. Mr. Beevor has an Honours Degree in Philosophy, Politics and Economics from Oxford University and qualified as a Chartered Accountant with the Institute of Chartered Accountants in England and Wales in 1972. In addition to serving as Chairman of EMED Mining Public Limited, Mr. Beevor is also currently a Director of Ampella Mining Limited (ASX:AMX), Bannerman Resources Limited (ASX:BMN; TSX:BAN), New World Energy Limited, Rey Resources Limited (ASX:REY), QMAG Limited and Unity Mining Limited (ASX:UML).

Mason Hills - Non-Executive Director

Mr. Hills is a Partner with RCF. Prior to joining RCF in July 2006, Mr. Hills was a partner at the law firm Wright Legal from July 2001 to May 2006, where he was a commercial lawyer who specialized in corporate and finance law in the resource sector. Mr. Hills has a Bachelor of Economics Degree from the University of Western Australia and a LL.B. (First Class Honours) from Murdoch University. Mr. Hills was a Director of Brandrill Limited (ASX.BDL) from September 2008 until December 2009, until it merged with Ausdrill Limited and is currently a Director of Ausdrill Limited (ASX: ASL), which provides drilling services to the mining and construction industries, and is currently a director of Bannerman Resources Limited (ASX: BMN; TSX: BAN), a uranium mining and exploration company.

Mark Smith - Non-Executive Director

In 2008, Mr. Smith became Chief Executive Officer and Director of Molycorp, Inc., a rare earth mining and technology company that operates a rare earth mine in California. Prior to joining Molycorp, Mr. Smith was the President and Chief Executive Officer of Chevron Mining Inc. and managed the real estate, remediation, mining and carbon divisions of Unocal Corporation for over 22 years. Mr. Smith has a Bachelor of Science degree in engineering from Colorado State University and a Juris Doctor cum laude from Western State University, College of Law.

David Shaw - Non-Executive Director

Mr. Shaw is a management consultant at Duckmanton Partners Ltd. Mr. Shaw has nearly three decades experience in the resource and finance industry with specific emphasis on technical and financial due diligence of resource projects. Mr. Shaw has been an independent geological consultant where he has focused on analysis of structural controls of mineralization and in the risk and financial assessment of investment into specific resource projects mostly in South America, concentrating predominantly in Argentina, Chile and Colombia. Mr. Shaw is currently a director of First Majestic Resources (TSX:FR), Pan Pacific Aggregates PLC (LSE:PPA), and Albion Petroleum (TSXV: NEX). Mr. Shaw has been a past director of numerous public companies. From 1992 to 1996 Mr. Shaw held the position of Senior Mining Analyst, Corporate Finance, at Yorkton Securities Inc. based in Vancouver and Santiago, Chile. From 1991 to 1992, Mr. Shaw was the President of Bema Resources Ltd. From, 1987 to 1990, Mr. Shaw initiated and developed the Resource Research Group at Charlton Securities Ltd. in Calgary. Prior to this Mr. Shaw spent seven years with Chevron Canada Resources in Calgary and Vancouver, employed initially as an in-house structural consultant on both metal and hydrocarbon exploration programmes and then as a member of a hydrocarbon project financial evaluation team. Mr. Shaw attained a Bachelor of Science - Geology from the University of Sheffield, England in 1973 and his Ph.D. in Structural Geology from Carleton University, Canada in 1980.