South32 Interested in Anglo American's Manganese Unit

Reuters reported that South32 Ltd. (ASX:S32,LSE:S32) could be one of the first companies to purchase the assets that are to be sold by Anglo American plc (LSE:AAL). The company is reportedly interested in Anglo’s manganese unit.
As quoted in the market news:

The two companies share a manganese mining and smelting business located in Australia and South Africa, with Anglo American owning 40% of the division.
RBC last year valued South32’s stake in manganese at around $1.8-billion, though that was before the metal halved in price.
“As a JV partner with a deep understanding of their value, we would be a buyer if the price is right,” a South32 spokesperson said in an emailed statement, confirming a report in the Sydney Morning Herald newspaper website.
News of the interest from South32, the diversified minerals group spun out of BHP Billiton last year, comes as Anglo American turns to widespread divestment to shore up a heavily indebted balance sheet.

Click here to read the full Reuters report.