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Nova Minerals’ Marches towards Antimony Production with Arrival of Processing & Refining Equipment in Alaska

Arrival of key equipment in Alaska advances Nova Minerals’ DPA-funded antimony project toward planned 2027 domestic production.

(Moderate)
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Nova Minerals (NVA) reported the arrival of about 500 tons of processing and refining equipment at Port MacKenzie, Alaska, for its planned antimony facility.

The shipment, comprising more than 40 containers and multiple oversized loads, follows six months of procurement and logistics work and is funded by a US$43.4 million award from the U.S. Department of War under Title III of the Defense Production Act. The delivery moves Nova’s antimony strategy ahead of schedule and supports targeted production in 2027.

The Port MacKenzie plant is designed to process stibnite-bearing material and initially produce antimony trisulfide, with a modular setup that may later enable production of antimony metal and antimony trioxide.

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Positive

  • US$43.4 million U.S. Department of War funding for antimony supply chain development
  • Arrival of about 500 tons of processing and refining equipment ahead of schedule
  • Modular plant design allows future expansion into multiple refined antimony products
  • Strategic Port MacKenzie location gives access to deepwater port, roads and rail

Negative

  • None.

Market Context

3.99% was the 24-hour gain after Nova’s Aug. 27 equipment-in-transit announcement; this release docu...
Analysis

3.99% was the 24-hour gain after Nova’s Aug. 27 equipment-in-transit announcement; this release documented the subsequent arrival at Port MacKenzie, representing progression from shipment to facility construction.

Key Figures

Equipment shipment: approximately 500 tons Defense Production Act award: US$43.4 million Shipment scale: more than 40 containers +1 more
Equipment shipment
approximately 500 tons
Delivered to Port MacKenzie, Alaska
Defense Production Act award
US$43.4 million
Funding the planned antimony processing and refining facility
Shipment scale
more than 40 containers
Included in the delivery to Port MacKenzie
Targeted production
2027
Planned antimony production in Alaska

Historical Context

2 past events · Latest: Aug 27
2 events
  1. Aug 27

    Equipment shipment milestone

    24h Move
    +4.0%

    Nearly 500 tons of processing equipment began transit to Port MacKenzie

  2. Aug 31

    Antimony supply update

    24h Move
    -6.0%

    DOE roundtable reiterated antimony supply-chain importance and 2027 production target

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

antimony trisulfide, flotation, defense production act, antimony trioxide
4 terms
antimony trisulfide technical
"initially produce antimony trisulfide as part of the U.S. Department of War project"
Antimony trisulfide is a chemical compound made from the metal antimony combined with sulfur; think of it as a stable material created by mixing two basic elements. It is used in products ranging from flame retardants and pigments to certain electronic and ammunition components, so changes in its supply, regulation, or production costs can affect manufacturers, miners and downstream businesses — making it a commodity of interest to investors tracking raw-material risk and price swings.
flotation technical
"crushing, ore sorting, milling, flotation and refining equipment"
Flotation is the process where a privately held business makes its shares available to the public by listing them on a stock exchange, commonly called an initial public offering (IPO). For investors it matters because flotation creates a market price and trading chance for those shares, signals a company's growth plans and need for capital, and changes how the business is governed — like a small shop selling ownership stakes to many new customers to raise money and spread risk.
defense production act regulatory
"award from the Department of War under Title III of the Defense Production Act"
A U.S. law that lets the federal government prioritize, allocate, and financially support the production and supply of goods and services needed for national defense or major emergencies. For investors, it can quickly change a company’s sales outlook and production plans by directing contracts, speeding approvals, or providing subsidies—like a city mayor telling factories which products to make during a crisis—so affected companies may see rapid revenue or cost shifts.
antimony trioxide technical
"including antimony metal and antimony trioxide"
Antimony trioxide is a white powder used mainly as a flame retardant additive and as a raw material in metal alloys and certain plastics, ceramics and glass. For investors, it matters because its supply, regulatory restrictions, or health-and-safety concerns can affect costs and sales for manufacturers that rely on it—think of it as a common ingredient in building materials that, if restricted or scarce, could disrupt production and margins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Anchorage, Alaska, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Nova Minerals Corp (“Nova Minerals” or the “Company”) (NYSE American: NVA | ASX: NVA) is pleased to report the arrival of approximately 500 tons of equipment in Port MacKenzie, Alaska, to enable the construction of its planned antimony processing and refining facility.

This marks a significant milestone in the Company’s efforts to establish a fully secured and integrated domestic supply chain for antimony, funded by a US$43.4 million award from the Department of War under Title III of the Defense Production Act.

The shipment included more than 40 containers and multiple oversized loads carrying crushing, ore sorting, milling, flotation and refining equipment. The barge departed Seattle on August 26, arriving in Cook Inlet on September 6.

A time lapse video of Nova’s antimony processing plant equipment being unloaded at Port MacKenzie can be viewed at the link below.

The delivery of this critical processing equipment represents the culmination of six months of detailed procurement, consolidation, planning and logistics coordination undertaken by the Nova Minerals team. The delivery has advanced Nova Minerals’ antimony strategy ahead of schedule, supporting its plans to develop a processing and refining facility in Alaska with production targeted for 2027.

Nova Minerals CEO, Mr. Christopher Gerteisen, commented:

“The shipment arrived ahead of schedule, which will enable us to get construction underway at speed. By acquiring and transporting modern processing and milling equipment from a recently decommissioned site in North America, rather than starting from scratch, we’ve been able to significantly accelerate the path to construction, and ultimately, the production of antimony. This approach has also delivered meaningful capital cost savings.

“Antimony is one of the critical minerals recognized by the Department of War as a priority for the United States. It has essential applications in defense, energy storage, and advanced electronics, which is why this project is so important to our national and economic security.

“We’re proud to embark on the next phase of development and the construction of the antimony processing facility.”

U.S. Congressman Nick Begich praised the effort, stating, “The arrival of nearly 500 tons of infrastructure and refining equipment at Port MacKenzie marks an important first step toward refining antimony in the Mat-Su Valley and building a secure, fully domestic supply chain right here in Alaska,” said Congressman Begich.

“I applaud the Department of War for recognizing the national security importance of this effort and investing in American production,” he said.

“This is exactly the kind of project we need: Alaska resources, Alaska workers, and American production strengthening our national security.”

Alaska State Rep. Kevin McCabe, whose district includes the areas where Nova Minerals will be operating, was delighted by the landmark occasion. “I could not be more excited to finally see this movement on the part of Nova Minerals,” said Rep. McCabe.

I have watched this project develop, have flown to the Estelle area, and I know how many jobs this will create and the stimulus it will provide to the Alaska economy. This is a fabulous stage of development, and Nova's use of Port MacKenzie demonstrates their commitment to the Valley and Alaska.”

The Port MacKenzie processing facility is designed to process stibnite-bearing material and, initially, produce antimony trisulfide as part of the U.S. Department of War project. The modular design of the facility provides flexibility to scale operations over time and potentially expand into the production of additional saleable refined antimony products, including antimony metal and antimony trioxide. This flexibility is intended to allow Nova Minerals to respond to evolving market requirements while building an integrated domestic processing capability in the United States.

The Port MacKenzie district provides a strategic location for the Company’s development of a critical minerals refinery. It affords access to a year-round deepwater port, Alaska’s road and highway system, the West Susitna Access Road, and the Port MacKenzie rail spur that will connect to the Alaska Railroad mainline. These infrastructure advantages are expected to support the movement of materials and products as the project advances toward production.

Mat-Su Borough Mayor Edna DeVries noted the benefits of the project for the region and its residents. “For some time, the Mat-Su Borough invested in the infrastructure necessary to position Port MacKenzie as an Alaskan industrial center. Seeing refining and processing equipment arrive at the port is evidence that those investments are paying off,” she remarked.

This project represents more than a shipment of equipment. It represents jobs, economic diversification, value-added resource development, and a stronger future for Alaska”, said Mayor DeVries.

Figure 1. Barge loaded with Nova’s antimony processing equipment arriving at Port MacKenzie

Figure 2. Barge unloading at Port MacKenzie

Figure 3. 40ft shipping containers loaded onto trucks for the short haul to the Nova Minerals antimony processing plant site

Figure 4. Aerial view of Nova Minerals antimony processing plant site which has been prepared ready for construction

Figure 5. Aerial view of Port MacKenzie highlighting the site for Nova’s antimony processing plant

About Nova Minerals Corp

Nova Minerals Corp is advancing one of the world’s largest undeveloped gold deposits into production and securing a U.S. domestic supply of the critical mineral antimony. The Company is focused on the exploration and development of the Estelle Gold and Critical Minerals Project, located in Alaska, a tier-one mining jurisdiction.

Estelle hosts two defined multi-million-ounce gold resources, and more than 20 prospects distributed along a 35-kilometre mineralized trend, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries, including Kinross Gold Corporation's Fort Knox Gold Mine. In parallel, Nova is advancing its critical minerals strategy, fully-funded by a US$43.4 million U.S. Department of War award to develop a domestic antimony supply chain, targeted for production in 2027.

Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company’s website www.novamineralscorp.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act which are subject to the “safe harbor” created by those sections. All statements, other than statements of historical fact, contained in this press release are forward-looking statements and that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Corp’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Corp undertakes no duty to update such information except as required under applicable law.

For further information:

Nova Minerals:
Media:Investor Relations:
Craig BentleyJenna ShindermanDave Gentry, CEO
Executive DirectorSodali & CoRedChip Companies, Inc.
Ph: 1-720-550-4223Ph: 1-631-918-4047Ph: 1-407-644-4256
E: craig@novamineralscorp.comE: jenna.shinderman@sodali.comE: NVA@redchip.com


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FAQ

What will the Port MacKenzie facility initially produce?

The Port MacKenzie processing facility is designed to process stibnite-bearing material and initially produce antimony trisulfide as part of the U.S. Department of War project.

What future products could Nova Minerals’ antimony plant produce?

The company states that the modular design may allow expansion into additional saleable refined antimony products, including antimony metal and antimony trioxide, depending on market requirements.

Why was Port MacKenzie chosen as the location for the processing facility?

Port MacKenzie provides access to a year-round deepwater port, Alaska’s road and highway system, the West Susitna Access Road, and the Port MacKenzie rail spur connecting to the Alaska Railroad mainline, which is expected to support movement of materials and products.

How does this project fit into Nova Minerals’ broader strategy?

Nova Minerals is advancing the Estelle Gold and Critical Minerals Project in Alaska, while also developing a U.S. domestic antimony supply chain fully funded by the US$43.4 million Department of War award, with antimony production targeted for 2027.

What recent logistical milestone did Nova Minerals complete for this project?

The company completed a shipment that left Seattle on August 26 and arrived in Cook Inlet on September 6, delivering more than 40 containers and oversized loads of crushing, ore sorting, milling, flotation and refining equipment to Port MacKenzie.

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