Nova Minerals unit awarded $43.4M by DoW to produce antimony trisulfide

Nova Minerals (NVA) is pleased to announce that its 100% owned U.S. subsidiary Alaska Range Resources, has been awarded $43.4M in Defense Production Act Title III funding by the U.S. Department of War to produce antimony trisulfide at its Estelle Gold and Critical Minerals Project in Alaska. The award will enable ARR to accelerate development of a fully integrated U.S. antimony supply chain to extract, concentrate, and refine stibnite to produce military grade antimony trisulfide to assist in meeting the U.S. defense industrial base demands.