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How Canyon’s $835M DFS Transforms Minim Martap into a Tier-One Bauxite Giant

9:29am on Monday 1st of September, 2025 AEST Mining
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How Canyon’s $835M DFS Transforms Minim Martap into a Tier-One Bauxite Giant

9:29am on Monday 1st of September, 2025 AEST
Key Points
  • 33% increase in Minim Martap ore reserves to 144 million dry metric tonnes
  • High-grade bauxite with 51.2% alumina and low silica content commanding price premium
  • Pre-tax NPV of US$835 million and IRR of 29% underpin strong project economics
  • Staged development plan with first ore production in Q1 2026 and shipment in H1 2026
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