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ASX:NVA 14 October 2025 - 15 October 2025

Nova Minerals (ASX:NVA) Stock Skyrockets on U.S. Critical Minerals Buzz – Gold Explorer’s 2025 Rally

Nova Minerals (ASX:NVA) Stock Skyrockets on U.S. Critical Minerals Buzz – Gold Explorer’s 2025 Rally

Nova Minerals shares jumped 81% to A$1.635 on Oct 15 after winning a US$43.4 million U.S. Defense grant for its Alaska antimony project. The stock is up 180% for the week and nearly 400% over the past year. Nova also secured a key permit for a new refinery and was invited to brief leaders at a Trump–Albanese summit. The company aims to supply military-grade antimony by 2026–27.
15 October 2025
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Nova Minerals (ASX:NVA) Soars on $43M US Critical Minerals Boost – Gold-Antimony Play to Watch

Nova Minerals (ASX:NVA) Soars on $43M US Critical Minerals Boost – Gold-Antimony Play to Watch

Nova Minerals received a US$43.4 million grant from the US Department of War for antimony processing at its Estelle Project in Alaska and secured a land-use permit for a planned refinery. Shares surged, closing at A$0.90 on Oct 14, up 7% in a day and nearly 400% year-over-year. The company remains pre-revenue with a recent half-year net loss of ~A$9 million and a market cap near A$300 million.
14 October 2025
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Stock Market Today

  • China Plans $295 Billion AI Data Center Network Amid Global Tech Stocks Drop
    June 9, 2026, 2:46 PM EDT. China is reportedly planning to invest around $295 billion over five years to establish a nationwide data center network dedicated to AI, aiming to reduce reliance on US technology by prioritizing domestic suppliers like Huawei. The initiative involves state-owned telecoms managing the infrastructure and seeks to unify fragmented data centers into a national system by 2028. This comes as chip stocks and major tech shares plunged, dragging down the Nasdaq and S&P 500 indexes. China's AI sector now includes over 6,200 companies with a market worth $177 billion. The plan may be funded through sovereign debt and state-backed funds, highlighting Beijing's strategic commitment to AI infrastructure despite slower economic growth.

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