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Nova Minerals Limited (ASX:NVA)

ALERT: Price-sensitive ASX Announcement for NVA
Current share price for NVA : $0.565 -0.185 (-24.67%)+
Announcement
Release
11 May 2026 8:50AM
Price at Release
$0.750
Full Release
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Summary
Nova Minerals Limited has successfully completed its 2026 winter freight mobilization to the Estelle Project in Alaska, marking a significant milestone in its efforts to advance the project. The mobilization included the delivery of key mining and processing equipment, which is vital for the upcoming antimony production, underpinned by a U.S. Department of War award. The freight season achieved the largest delivery ever to the site, involving approximately 1.5 million pounds of freight delivered throughout March and early April. Key deliveries included heavy earthmoving equipment, construction materials for the Stibium access trail and airstrip expansion, and a process plant for antimony ore processing. The company has also begun procuring additional processing equipment for a refinery at Port MacKenzie. Nova Minerals continues to focus on developing one of the world’s largest undeveloped gold deposits and a domestic antimony supply chain in the U.S., targeting production to commence in late 2026/2027.
Key Points
  • Completion of 2026 winter freight mobilization to Estelle Project in Alaska.
  • Delivery of key mining and processing equipment for antimony production.
  • Freight season resulted in the largest delivery to the site to date.
  • Key deliveries included equipment for construction, ore processing, and infrastructure development.
  • Nova Minerals aims to develop a domestic antimony supply chain in the U.S.
  • Production is targeted to begin in late 2026/2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.