Minim Martap
One of the Most Promising Bauxite Projects Globally
Minim Martap ranks among the world’s richest bauxite deposits, with an Ore Reserve of 144Mt at 51.2% Al2O3 and 1.7% SiO2 + a JORC Mineral Resource Estimate of 1,102Mt at 45.3% Al2O3.
The Project is situated in the commune of Martap, in the Adamawa Region of Cameroon near the main rail line linking the region to the Atlantic port of Douala.
Minim Martap will produce high-grade bauxite and low reactive silica, which is suitable for both low and high-temperature alumina refinery technologies.
Definitive Feasibility Study Highlights: Initial capex of US$97M, NPV of US835M, IRR of 29%, DSO grade of 51% Al2O3 and 1.7% Si, annual cashflow at 10Mtpa will be $US174M/year and first bauxite shipment in H1, 2026.
Definitive Feasibility Study
Results Available
Prime Location
At the core of development for Minim Martap is the execution of the Company’s mine-to-port logistics strategy.
Access to large-scale logistics infrastructure enables cost effective and reliable transport of product from Minim Martap. Canyon’s plan for securing a reliable supply chain for Minim Martap includes:
- Use of existing rail corridor to Douala port (800 km)
- Planned rail upgrades on junction to be partly funded by the World Bank & European Investment Bank
- Procurement of own locomotives and wagons (order of rolling stock to be placed in Q2/Q3, 2025), ensuring control over logistics, cost efficiency and reliability
- A dedicated terminal is designated by The Port Authority of Douala and will offer bauxite-specific unloading, stockpiling, and barge-loading facilities. Terminal to be established on the banks of the Wouri River near Dibamba
- New proposed terminal provides exclusive rail access for efficient operations
Progressing to Production
Camalco SA is the local Cameroon subsidiary of Canyon Resources, that has 100% ownership of the Minim Martap Project.
