Canyon confirmed it received the unsolicited and conditional takeover offer, which covers all shares not already owned by A2MP. "The project may no longer be viable in its current form and with the financing currently available," A2MP said. "The Minim-Martap project may not be profitable at the prices and production volumes currently proposed," A2MP said. The group said it aims to build a value chain in Cameroon spanning bauxite mining, alumina refining, and aluminum production. For Cameroon, a smaller project would alter expectations for mining revenue, rail traffic, and port activity linked to Minim-Martap.