Developing the Tier One Minim Martap Bauxite Project
Located in Cameroon, Minim Martap is one of the world’s richest bauxite deposits.
Canyon is developing Minim Martap as a long-life, global-scale project.
144 million tonne
Reserve at 51.2% Al2O3 & 2% SiO2
US$835 million
NPV (pre-tax)
1.1 billion tonne
Resource
Minim Martap
Minim Martap is a leading and tier-one bauxite asset underpinned by more than one billion tonnes of high-grade, low reactive-silica bauxite, which is suitable for both low- and high-temperature alumina refinery technologies.
The Project is located in central Cameroon near the main rail line linking the region to the Atlantic port of Douala. Since receiving its Mining Licence in late 2024, Canyon has secured access and supported upgrades for critical rail and port infrastructure, significantly derisking the Company’s mine-to-port logistics strategy.
Canyon is led by an experienced team with deep expertise across global jurisdictions and project lifecycles.
Minim Martap will come online at a time when market fundamentals and demand for high-quality bauxite are very strong. Aluminium plays a key role in the clean energy transition. Importantly, due to impressive characteristics and high-grade nature of the bauxite from Minim Martap (51% Al2O3 and 2% Si), Canyon expects to command a price premium over standard Guinea bauxite.
Chinese domestic mines are characterised by resource depletion and grade deterioration. With growing demand from the Middle East and India, Canyon is strategically positioning itself to become a key supplier of high-quality bauxite ore to the world’s major producers of aluminium.