Nova Minerals Commences Procurement of Mining and Processing Equipment for Antimony Production

Nova Minerals Limited has announced the commencement of procurement for critical mining and processing equipment for its Estelle starter antimony mining operations and associated downstream antimony refinery at Port Mackenzie, Alaska. The company aims to produce military-grade antimony trisulfide by 2026/27. Nova has a robust balance sheet with access to approximately A$83.0M in funding, including a US$43.4M award from the U.S. Department of War. Key equipment purchases include mining fleet, crusher and screening plant, and ore sorters. The company is also advancing discussions with strategic partners to secure additional antimony supply. Nova is positioning itself as a fully integrated U.S. antimony producer, supported by strong government backing and established infrastructure.