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How Canyon Resources Plans to Launch a $830M Bauxite Giant by 2026

9:37am on Thursday 25th of September, 2025 AEST Mining
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How Canyon Resources Plans to Launch a $830M Bauxite Giant by 2026

9:37am on Thursday 25th of September, 2025 AEST
Key Points
  • Minim Martap hosts 144 million tonnes of high-grade bauxite ore reserve
  • Project NPV of over US$830 million and IRR of 29% confirmed by DFS
  • Secured US$140 million debt and raising A$215 million equity to fund development
  • Existing 800km rail and port infrastructure enable fast-track production in 2026
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