Exciting Developments in Cameroon’s Bauxite Industry: Canyon Resources Boosts Minim Martap Reserves
By Africazine Team
Date: 2nd September 2025
The bauxite sector in Cameroon is bubbling with excitement as Canyon Resources has announced a major enhancement to its Minim Martap project, specifically located in the vibrant Adamawa region. In a significant strategic move, the Australian mining company reported a remarkable 33% increase in its bauxite reserves, upping the figure to an impressive 144 million tons. This update marks a pivotal moment for the industry, showcasing the potential for large-scale mining operations in this economically rich landscape.
Valued at a staggering 5 million, the Minim Martap project not only reflects the growing prospects of Cameroon’s mining industry but also boasts an attractive Internal Rate of Return (IRR) of 29%. These numbers clearly illustrate the project’s potential to contribute positively to the country’s economy and create numerous jobs, fostering local development and sustainability.
Looking ahead, Canyon Resources has ambitious plans for the bauxite project, with the first shipment scheduled for the first half of 2026. The company aims to ramp up production, targeting a capacity of 10 million tons per year by 2031. Such growth would not only position Cameroon as a competitive player in the global bauxite market but would also likely attract further investment in the region, propelling economic progress.
Bauxite is a crucial raw material used in the production of aluminum, and with countries worldwide seeking to secure sustainable sources of this key commodity, Cameroon stands to benefit significantly from its abundant natural resources. The Enhancements at Minim Martap align with global trends toward more sustainable mining practices and the increasing demand for aluminum, particularly in sectors focused on green technologies and infrastructure development.
The news is a clear sign that Cameroon is not only open for business but is also actively working to harness its rich mineral deposits for the betterment of its people and economy. As developments unfold, industry watchers and potential investors will be keenly observing how Canyon Resources navigates the next phases of this promising project.
Stay tuned for more updates on the progression of the bauxite sector in Cameroon and its implications for both local and global markets!
#BusinessNews #Tourism #Cameroon #Africa #WorldNews
