Join our daily newsletter At The Bell to receive exclusive market insights
- Plant infrastructure provides significant capacity for future commercial operations
- Two mill trains, each with approximately 108,000 tpa capacity
- Initial production of military-grade antimony is being advanced under US DoW supported project
- Significant full-scale commercial expansion potential identified
Nova Minerals Corp (ASX: NVA) has confirmed front-end crushing, grinding and concentration capacity of approximately 216,000 tonnes per annum (tpa) at the newly acquired processing plant, which is to be constructed at Port MacKenzie, Alaska
.png)
An engineering and processing capacity assessment also found the substantial processing capacity provides a scalable platform for future commercial antimony production, with capacity modelling indicating potential refined antimony production of up to approximately 20,000 tpa, subject to feed grade, additional downstream refinery equipment and other operating requirements.
CEO, Christopher Gerteisen, said the processing infrastructure provides a strong foundation for Nova’s strategy to establish a fully integrated US domestic antimony and critical minerals processing and refining hub in Alaska, with the capability to produce both antimony metal and antimony trisulphide.
The facility is also intended to support processing of feedstock from Nova’s Estelle project and potentially suitable third-party mineral sources, creating opportunities to expand domestic processing capacity and strengthen US critical minerals supply chains.
“The confirmation of 216,000 tonnes per annum of front-end processing capacity is a significant milestone for Nova and highlights the strategic value of the infrastructure we have secured at Port MacKenzie,” Mr Gerteisen, said.
“While our initial US$43.4 million Department of War supported project is focused on establishing production of up to 600 tonnes per annum of refined antimony, the processing infrastructure acquired provides a clear pathway to a substantially larger commercial operation, with additional downstream refining equipment representing the principal requirement for expansion.
“Importantly, this infrastructure also creates opportunities beyond antimony, with the potential to establish Port MacKenzie as a multi-commodity critical minerals processing and refining hub serving Nova’s Estelle Project and other mineral producers throughout Alaska and the broader region.
“Our vision is to develop strategically important domestic processing infrastructure that supports US critical minerals independence, strengthens secure domestic supply chains and positions Alaska as a major participant in the US critical minerals industry.”
Nova is currently advancing its phase one refinery under the US$43.4 million Department of War (DoW_ supported project, targeting domestic production of military-grade antimony trisulphide in 2027.
NVA was steady at 54.5¢ with a Mkt cap of $20.24M prior to markets opening.
Join the discussion: See what HotCopper users are saying about Nova Minerals Corp and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
