bluejay mining plc said monday that it is reviewing spinning out its battery and critical metals exploration subsidiary the mining exploration company said that it has engaged with advisers to demerge disko exploration ltd and list the subsidiary on a londonbased stock exchange disko has a 49 interest in the diskonuussuaq nickelcoppercobaltplatinum group project and fully owns the kangerluarsuk leadzincsilver project and the thunderstone goldbase metalsrare earths projectall of them located in greenland bluejay confirmed that disko would aim to raise funds in conjunction with the initial public offering to develop diskonuussuaq bluejay would keep the rest of the projects including the flagship dundas ilmenite project in greenland and the finnish portfolio a spinout of disko is expected to maximize shareholder value during this time of rising commodity prices and provide shareholders with the increased flexibility of separate listings bluejay said