Nova Minerals Corp announced it is progressing to the construction phase of its antimony processing and refinery facility in Port MacKenzie, Alaska. This follows the arrival of the final major pieces of plant equipment on October 6, 2026, marking a significant step in the company's plan to establish a domestic U.S. antimony supply chain.
Key Details
- Project Milestone: All key equipment for the antimony plant has been delivered, allowing construction to begin in the coming weeks, subject to final permits. The project is backed by a $43.4 million award from the U.S. Department of War.
- Production Timeline: The company is targeting first antimony production in 2027 and aims to produce antimony metal and military-grade trisulfide.
- Operational Update: The 2026 field season at the Estelle Critical Minerals and Gold Project has concluded, which included an ~8,000-meter diamond drilling program. Initial assay results are expected in due course.