Company Overview
Canyon is progressing the world-class high-grade, flagship Minim Martap Bauxite Project in Cameroon towards production through its in-country subsidiary Camalco. The Company is working to commence operations and make its first shipment of bauxite from Minim Martap.
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 acquire a 26.9% equity stake in CAMRAIL S.A.
Additionally, Canyon, through Camalco, acquired a 42.8% stake in Terminal Bois du Port de Douala S.A., operator of the Port of Douala. This gives Canyon the right to export bauxite and alumina and import raw materials for the Minim Martap operation, further de-risking the project's logistics chain.
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.
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 with the Company focused on developing and operating Minim Martap in the right way. Canyon’s 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.
