Aquila to Seek Offers for South African Manganese Project

Bloomberg reported that Aquila Resources (ASX:AQA) is looking to raise money by selling its Avontuur manganese asset.

The market news is quoted as saying:

Aquila is seeking to sell three assets, including Avontuur, to help fund its share of the A$5.2 billion West Pilbara Iron Ore joint venture project with AMCI Inc. to be built in Western Australia.

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