Slide 1: Developing a Global Tier One Bauxite Project
Developing a Global Tier One Bauxite Project Developing a Globally Significant Tier-One Bauxite Asset September 2024 PDAC Update - March 2025
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement – Ore Reserves Ore Reserve estimate The information in this report that relates to Ore Reserves is based on information compiled or reviewed by Mr John The data in this announcement that relates to the Ore Reserve estimate estimates for the Minim Martap Bauxit
Slide 3: Developing a Globally Significant, Long-Life, Tier-One Bauxite Asset, Capitalising on 7 Differentiating Success Factors
Developing a Globally Significant, Long-Life, Tier-One Bauxite Asset, Capitalising on 7 Differentiating Success Factors WORLD-CLASS AND MASSIVE BAUXITE RESOURCES 1 Minim Martap ranks among the world’s richest bauxite deposits, with an Ore Reserve of 109Mt at 51.1% Al2O3 and 2.0% SiO2 + a JORC Minera
Slide 4: Minim Martap - One of the Most Promising Bauxite Projects Globally
1 Minim Martap - One of the Most Promising Bauxite Projects Globally • A globally significant bauxite project, which has all the required characteristics to develop into a key, long-term operation One of the richest bauxite deposits globally • Located in central Cameroon and situated near the main r
Slide 5: Advanced Project with Strong Economics
1 Advanced Project with Strong Economics Minim Martap boasts positive economics and strong potential to become a large-scale, long-life bauxite mine BFS Highlights (2022) Key BFS economics (Published 2022 and currently being updated) • Established operating techniques – Open cut mine extracting Dire
Slide 6: Dedicated Logistics Infrastructure from Mine to Port
2 Dedicated Logistics Infrastructure from Mine to Port Canyon is working to establish a clear transport network within the region, notably within the mine and from mine-to-port Intra-mine infrastructure • Current access to mining areas of Minim Martap permit via public road from the nearby village o
Slide 7: Delivering Infrastructure Solutions
2 Delivering Infrastructure Solutions With strong support from strategic partners and Government Agreement to Finance the Purchase of Rolling Stock • Eagle Eye Asset Holdings Pte Ltd signed a fully underwritten agreement for US$123,956,539 which accounts for approximately 50% of the CAPEX from the 2
Slide 8: Minim Martap’s Logistics Chain
2 Minim Martap’s Logistics Chain Mine & Site Inland Rail Existing Road Existing Rail Rolling Stock Existing Port Transhipping Infrastructure Facility (IRF) • Low strip ratio • Upgrade road • Location • Existing track • Order for • Existing facility • 5 barges • 6.4 MTPA DSO • Extension to approved •
Slide 9: Key Milestones Delivered to Date – Strong 12-Month Work Program
Key Milestones Delivered to Date – Strong 12-Month Work Program Exploration permits acquired by Canyon 2021 ESIA completed Mining Licence & Convention were awarded following an extensive approval process, reflecting strong support from Cameroon authorities 2022 BFS completed Mining Conventio
Slide 10: Long-Term Strategic and Supportive Shareholder with Proven Sector and African Mining Experience
3 Long-Term Strategic and Supportive Shareholder with Proven Sector and African Mining Experience Project shareholding structure Canyon Resources market capitalisation, AUD Market Details EEA Others & Floating Market Capitalisation (28 Feb. 25) A$376M1 41.7% 58.3% Shares on Issue (28 Feb. 25) 1,419M
Slide 11: Premium High-Grade Product Drawing Significant International Interest
4 Premium High-Grade Product Drawing Significant International Interest Increasing global interest in Minim Martap's high-quality bauxite, supported by attractive fundamentals across different regions Despite existing projects, the Middle East India’s fast urbanisation and booming will require relia
Slide 12: Strong Market Fundamentals, with Robust Demand for Bauxite & Alumina Given Rising Aluminum Needs
Strong Market Fundamentals, with Robust Demand for 4 Bauxite & Alumina Given Rising Aluminum Needs Significant boost in aluminium needs driving bauxite demand Focus on China bauxite imports • Aluminium demand is set to rise significantly in the next decades, reaching 335Mt by 2050 (+4.2% 2020-20501
Slide 13: A Bauxite & Alumina Supply & Demand Deficit Fueling Prices
4 A Bauxite & Alumina Supply & Demand Deficit Fueling Prices Bauxite & Alumina supply disruptions highlight vulnerabilities… …creating an upward trend on commodities prices Bauxite price ($US/dmt) • Australia accounts for over 25% of global bauxite production1 • Alcoa shut down Kwinana refinery at t
Slide 14: Leading Team With +200 Years of Combined Industry Experience
5 Leading Team With +200 Years of Combined Industry Experience Management Board of Directors Jean-Sebastien Boutet - Chief Executive Officer of Canyon Resources Mark Hohnen – Executive Chairman • Recognised leader in mining operations, bauxite project development, • Involved in the mineral resource
Slide 15: Downstream Project Integration over the Long-Term, Maximising Value
6 Downstream Project Integration over the Long-Term, Maximising Value Value chain integration with pipeline projects in next phases Mining & Extraction Alumina production Aluminium production End-use applications High-grade Smelter grade Output Aluminum bauxite ore Alumina CAY Minim Martap mine Alum
Slide 16: Strong ESG Principles Provide Platform to Deliver Long-Term Benefits
7 Strong ESG Principles Provide Platform to Deliver Long-Term Benefits Camalco is dedicated to driving economic growth & regional development across operational areas, through collaboration with local community & relevant authorities Environment Social Governance Committed to long-term positive The
Slide 17: Thank you
Thank you Authorised for release by the Board of Canyon Resources Limited Jean-Sebastien Boutet (CEO) info@canyonresouces.com.au Address Canyon Resources Limited 1202 Hay Street Perth WA 6005 Postal Address Canyon Resources Limited 1202 Hay Street Perth WA 6005 Registered Address Canyon Resources Li
Slide 18: Appendix – Aluminium value chain: the key role of bauxite
Appendix – Aluminium value chain: the key role of bauxite Aluminium is smelted Aluminium is recognised from alumina which is to be a critical element refined from bauxite in the energy transition ore. and is of geostrategic All three products have importance for both multiple uses civilian and milit
Slide 19: Appendix – Key risks (1/2)
Appendix – Key risks (1/2) Some of the key risks associated with an investment in the Company are summarised below. These risks and other general risks applicable to all investments in listed securities not specifically referred to, may affect the value of the Shares in the future. Accordingly, an i
Slide 20: Appendix – Key risks (2/2)
Appendix – Key risks (2/2) Third Party Agreements The Company is required to negotiate and agree commercial terms with both private companies and Government instrumentalities in order to access rail and port infrastructure and services. Further, the ability to make FID is dependent on the Company en