Canyon Resources LimitedASX: CAY

MOU with Port Authority of Douala

· Issued by Canyon Resources Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Canyon Resources Limited has signed a Memorandum of Understanding with the Port Authority of Douala regarding infrastructure development at the Port of Douala-Bonabéri. The MOU outlines a framework for a partnership to develop a mineral terminal for bauxite transport and export from the Minim Martap Project. Canyon will conduct pre-feasibility studies at its own expense as part of this agreement. The MOU serves as a declaration of intent and is set for a duration of one year, with a possible six-month renewal.

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