Canyon Resources Secures Approval for Inland Rail Facility in Cameroon

Canyon Resources has secured approval for an inland rail facility, advancing its bauxite project. This decision strengthens logistical operations, bringing the Minim Martap Bauxite Project closer to full production. This was reported by the railway transport news portal Railway Supply.

Canyon Resources Expands Its Rail Infrastructure

The newly approved rail facility is strategically located near Makor Railway Station, ensuring seamless integration with existing infrastructure. This positioning will improve transport efficiency and strengthen supply chain operations.

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Camalco Cameroon, Canyon’s in-country subsidiary, secured 105 hectares of land for future expansion. This land allocation, granted by the Lamido of Ngaoundere, will support infrastructure growth.

Canyon Resources recently finalized an underwriting agreement with Eagle Eye Asset Holdings for rolling stock acquisition. This deal reinforces operational capacity, facilitating smoother bauxite transportation.

Efforts to enhance logistics and infrastructure solutions continue as the company advances its feasibility study. These strategic initiatives aim to mitigate risks and streamline project execution.

Canyon Resources Strengthens Its Market Position

Once operational, the rail facility will enable efficient bauxite transportation from Minim Martap to port. The company’s rolling stock will support the movement of materials along the main railway.

Canyon CEO Jean Sebastien Boutet highlighted the project’s recent progress, emphasizing risk reduction. He credited strong partnerships and government support for accelerating project milestones.

Ongoing collaboration with EEA, the Cameroon government, and key stakeholders highlights the project’s significance. This backing reinforces the nation’s role in the global bauxite market.

Bauxite remains a vital commodity, with demand expected to rise amid supply constraints. Canyon’s positioning enhances its role as a strategic supplier to key global markets.

A leadership transition is scheduled for July 2025, with Peter Secker replacing Boutet as CEO. He will oversee continued project expansion, ensuring smooth execution of the company’s vision.

Secker noted that bauxite’s growing importance strengthens the Minim Martap Project’s global relevance. He expressed confidence in capitalizing on market trends to maximize long-term potential.

In July 2024, the company signed a mining convention for the Minim Martap Bauxite Project. This milestone formalizes its legal framework and enhances operational security moving forward.

Canyon Resources’ expansion efforts solidify its presence in Africa’s mining sector. With key approvals secured, the company moves closer to large-scale production readiness.

Strong government and stakeholder support continue to drive the project’s strategic initiatives. These elements ensure long-term economic sustainability and local development benefits.

Source: www.railway-technology.com

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