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How Canyon Resources Is Fast-Tracking Its Tier-One Minim Martap Bauxite Project
9:43am on Monday 1st of September, 2025 AEST
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Mining
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How Canyon Resources Is Fast-Tracking Its Tier-One Minim Martap Bauxite Project
9:43am on Monday 1st of September, 2025 AEST
Key Points
144 million tonne ore reserve at 51.2% alumina and 1.7% silica
Pre-tax NPV of US$835 million and IRR of 29%
Fully financed with US$140 million debt facility and existing cash
Production scheduled to start in Q1 2026 with first shipment in H1 2026
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