Canyon Resources (ASX:CAY) advanced its Minim Martap bauxite project in Cameroon towards production, evaluating the implementation of a two-stage development strategy to enable a first bauxite shipment in 2026, according to a Wednesday Australian bourse filing.
It is working with leading mining equipment vendors to define procurement schedules and delivery timelines and is also in talks with potential off-take partners.
The firm's definitive feasibility study remains on schedule for completion in the third quarter.
It is also progressing talks with select debt providers to secure an optimal funding structure to develop the project.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。