Company Overview
Canyon is rapidly progressing the world-class Minim Martap Bauxite Project in Cameroon towards production through its in-country subsidiary Camalco. The Company is on track to commence operations in early 2026 and make its first shipment of bauxite from Minim Martap in the 1H 2026.
Minim Martap Project
Minim Martap is a tier-one bauxite asset, ranking among the world’s richest deposits, situated near the main rail line linking the region to the Atlantic port of Douala. Since receiving the Mining Licence for Minim Martap in late 2024, Canyon has made excellent progress in developing Minim Martap, with several key milestones completed. Importantly, this includes the completion of an infrastructure agreement with the Cameroon Government for the development of Minim Martap that secures rail access connecting the mine to the Port of Douala. The agreement saw Canyon invest in a 9.1% equity stake in CAMRAIL S.A, and secured land access at the Port of Douala.
Infrastructure & Security
Canyon’s investment in infrastructure networks provides supply chain security and the capacity to scale up production. It comes with the strong support of the Government of Cameroon as well as key stakeholders from the region. These infrastructure agreements significantly de-risk the Company’s mine-to-port logistics strategy.
Cameroon is a supportive mining jurisdiction and is recognised by the International Trade Administration to be one of the most stable countries in the Central African sub-region. As of 2025, Cameroon has a population of 30 million and GDP of US$57.75 billion.
Community
Community is a major focus for Canyon and the Company is focused on developing and operating Minim Martap in the right way. Canyon’s 100% owned in-country subsidiary Camalco is committed to delivering economic prosperity and social development in its host communities and generating sustainable and long-term value for all stakeholders.
Our Team
Canyon’s sector-leading team boasts combined experience of more than 200 years across jurisdictions (including in Africa) in the bauxite and alumina industries. Canyon’s major shareholder and long-term supporter, Eagle Eye Asset Holdings (EEA), brings proven mining sector expertise, long-term development and mining experience in Africa and success from building companies through the mining lifecycle. EEA has mining ventures in multiple African countries and has strong working relationships with various governments and regulators across the region.
