Canyon Resources Limited announced that construction of the Inland Rail Facility at Makor, Cameroon has commenced. The Inland Rail Facility is a key piece of infrastructure that will underpin the export supply chain for the flagship Minim Martap Bauxite Project ('Minim Martap' or 'the Project'). A ground breaking ceremony at the site was attended by senior government members, including community members, Canyon Executive Chairman Mr. Mark Hohnen, and Canyon cornerstone investor Eagle Eye Asset Holdings Pte.
Ltd. Construction of the IRF has commenced just months after the Company received approval from the Cameroon Government for the site location1, demonstrating its commitment to fast-tracking development of the Project. In addition to the above, the Company has also commenced upgrading the ore haulage access road which connects the Minim Martap Project to the IRF. Canyon has secured rail access from Makor to the Port of Douala, and 65,000 m2 of land for the storage and loading of bauxite at the port.
This will enable the Company to efficiently store and transport up to 6Mtpa of bauxite ore, which the Company intends to ultimately expand to 10Mtpa in line with increased production at Minim Martap.
