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Nova Minerals' shares surged 87% after being invited to brief Australian officials on its U.S. critical minerals project ahead of a key bilateral meeting.
Nova Minerals' shares jumped 87% after the company was invited by Australian Ambassador Dr. Kevin Rudd to brief senior Australian officials on its Estelle Gold and Critical Minerals Project in Alaska ahead of Prime Minister Albanese’s October 20, 2025, meeting with U.S. President Trump.
The project, rich in gold and antimony—both critical for defense and advanced manufacturing—recently secured a $43.4 million U.S. Department of War contract to develop a domestic antimony supply chain, with plans to produce military-grade antimony by 2026–2027.
A refinery site at Port MacKenzie is secured, and the project spans 514 km² in the Tintina Gold Belt, highlighting growing strategic importance in U.S.-Australia resource cooperation.
Las acciones de Nova Minerals subieron un 87% después de haber sido invitada a informar a los funcionarios australianos sobre su proyecto de minerales críticos en los Estados Unidos antes de una reunión bilateral clave.