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How Canyon Resources Is Racing Toward First Bauxite Shipment in Early 2026

1:32pm on Monday 28th of July, 2025 AEST Mining
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How Canyon Resources Is Racing Toward First Bauxite Shipment in Early 2026

1:32pm on Monday 28th of July, 2025 AEST
Key Points
  • Port access approved at Douala enabling infrastructure development
  • US$140 million credit facility secured for rail and port infrastructure
  • Locomotives ordered with first delivery expected Q1 2026
  • Major shareholder exercises options, boosting cash reserves to A$11.5 million
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