Small Cap Watch: Nova Minerals advances Alaska antimony plant and Percheron lines up AML trial

Nova Minerals Corp (NYSE American: NVA, ASX: NVA) hosted an Industry Day at Port MacKenzie, Alaska, showcasing its antimony processing and refining project, supported by a $43.4 million U.S. Department of War award. The event highlighted the project's role in establishing a domestic antimony supply chain and Port MacKenzie as a critical minerals hub. Nova Minerals discussed recent milestones and infrastructure developments, including road and rail projects, to support the district's industrial g

Nova Minerals (ASX:NVA, NYSE-A:NVA) received 500 tons of antimony processing equipment in Alaska, advancing its 2027 production target. The shipment, part of a US$43.4M DoW project, includes crushing and refining equipment, arriving ahead of schedule. The company aims to establish a US antimony supply chain, with support from Congressman Nick Begich and AIDEA funding.

Nova Minerals Corp (ASX:NVA, NYSE-A:NVA) has shipped 454 tons of antimony processing equipment to Alaska, advancing its 2027 production target. The company acquired and repurposed existing equipment to cut costs and accelerate timelines. The US$43.4 million government-funded project aims to establish a domestic antimony supply chain for defense and industrial uses.

President Trump signed an executive order (July 20) tightening Defense Department waivers for critical materials sourced from covered adversarial nations and requiring more supply-chain mapping and, in some cases, mitigation plans to onshore supply chains. The White House said it supports defense supply resilience. Companies cited include MP Materials and copper and antimony producers such as Nova Minerals and Gunnison Copper.

Nova Minerals (ASX:NVA, NYSE-A:NVA) said a July 20, 2026 White House executive order prioritizing secure domestic and allied critical minerals for US defence aligns with its Alaska antimony plan. It targets first antimony production from a Port MacKenzie pilot plant in 2027, supported by a US$43.4m US Defence Production Act Title III award. Construction is expected to start soon.

Nova Minerals completed its redomicile to the US and began 2026 field work at its Estelle Gold and Critical Minerals Project in Alaska. Drilling started at the Stibium antimony-gold prospect in early June and at RPM for gold geochemical anomalies on June 17. A ~2,000 line-mile ZTEM survey is finished. The company said up to four drill rigs may run and antimony processing construction remains on schedule; it also reported US$43.4m DoD-funded antimony work.