# Tawana Resources secures $40 million funding for Bald Hill lithium merger and expansion

Tawana Resources secured a $40 million funding package from a consortium led by Tribeca Investment Partners to support its merger with Alliance Mineral Assets and fund lithium and tantalum circuit additions at the Bald Hill mine in Western Australia.

- Type: Investment
- Announced: 2018-09-27
- Where: Bald Hill, near Kambalda, Western Australia, Australia
- Value: $40.0M
- Status: announced
- Capacity: 300 tonnes per hour (throughput rate)
- Products: lithium, tantalum, spodumene
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Tawana Resources](https://endata.com/companies/27444.md)
- [Alliance Mineral Assets](https://endata.com/companies/27445.md) (partner)
- [Tribeca Investment Partners](https://endata.com/companies/34557.md) (investor)

## Sources

- [australianmining.com.au](https://www.australianmining.com.au/tawana-sets-future-bald-hill-lithium-merger/), 2018-09-27: "We also believe it paves the way towards an expeditious listing of Alliance on the ASX."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.