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.