very nice find DeshI especially like the bit I highlighted...

very nice find Desh

I especially like the bit I highlighted

Canyon has now opted for a two-pronged approach. It will ship the ore out of Douala in phase one, generating revenue to help finance the rest of the project.

At the same time, work will begin on building a 130km spur line to Kribi from the main railway. Once this is built, exports will be switched to the newer port.

Canyon reported: “The consistent high quality of the Minim Martap bauxite mine offsets the cost of rail haulage, supports efficient refining by the end user and sets the platform for further upside potential.”

Developing the project could also generate the revenue to enable Canyon to develop its Ngaoundal bauxite deposit, which lies adjacent to Minim Martap.