Aquila sign MOU with a Chinese bank

Aquila Resources has announced it has reached a Memorandum of Understanding (MOU) with China Development Bank to help expand business opportunities in Australia.

In a statement Aquila said the MOU provided a broad framework to allow both companies to explore mutual opportunities to facilitate Aquila's development, as well as enable China Development Bank to support Baosteel through its investment in Aquila, to expand its business in Australia.


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