Tawana zones in on Bald Hill, spins off remaining assets

Lithium miner Tawana Resources has announced the spin-out of its Cowan and Yallari lithium projects, in Western Australia, and the Mofe Creek iron-ore asset, in Liberia, into a separate entity. Tawana told shareholders on Thursday that an ASX-listing for the new company would not be initially sought, but would be considered by the board of the new company, in due course.