JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has declared a formal dispute as a result of conditions precedent not being met in its acquisition of the Gravenhage manganese mining right and associated assets from Aquila Steel and Rakana Consolidated Mines. Gravenhage is a long-life near-development manganese resource situated about 50 km north of Hotazel and about 120 km from Afrimat’s existing Demaneng mine, in the Northern Cape.
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