Canyon Resources LimitedASX: CAY

Cameroon Government advance Minim Martap rail link

· Issued by Canyon Resources Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Canyon Resources Limited reports on the progress of the proposed rail link from its Minim Martap Bauxite Project in Cameroon to the Kribi Deep Water Port. The Cameroon Government has advanced the project by completing a feasibility study and calling for tenders to manage the railway infrastructure upgrade. Canyon has engaged a Cameroonian rail consultant to assist in discussions with local rail operators and the government. The rail upgrade is crucial for transporting bauxite from Minim Martap, which is positioned as a significant global bauxite project.

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