Nova Minerals (ASX:NVA) says a new US executive order aligns with its integrated antimony project targeting production in 2027.
The executive order, signed on 20 July 2026, mandates military equipment and critical materials to be sourced from the US or trusted allied nations, restricting materials linked to designated foreign adversaries.
Aiming to develop a fully integrated US domestic antimony supply chain, Nova Minerals was awarded a US$43.4 million ($62 million) Defense Production Act Title III grant by the US Department of War in October 2025. The grant supports development at its Estelle Gold and Critical Minerals Project, as well as a downstream refinery at Port MacKenzie in Alaska.
Nova Minerals reports engineering and design for the Port MacKenzie pilot plant facility are now complete, with process plant equipment procurement underway and construction scheduled to begin in the coming months.
Upon completion, the facility will provide strategic US processing and toll treatment capability for defence contractors.
CEO Christopher Gerteisen says the order aligns ‘directly’ with the company’s vision.
“This executive order reflects the direction of US policy on critical minerals sourcing that has informed our work at the Estelle Gold and Critical Minerals Project and our planned processing infrastructure at Port MacKenzie,” Gerteisen says.
“It aligns directly with our vision to develop responsible, world-class mining and refining operations that contribute to US resource security and national defence priorities.
“With the support of the US Department of War, we remain focused on delivering a US domestic antimony supply chain, targeting production in 2027.”
The Estelle Project hosts two defined multimillion-ounce gold resources across a 35km mineralised trend in Alaska’s Tintina Gold Belt.
Nova Minerals is an explorer and developer focused on advancing its flagship Estelle Gold and Critical Minerals Project in Alaska.
Write to Paula Fabe at Mining.com.au
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