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Nova Minerals confirms 216,000 tpa processing capacity for Alaska antimony hub, aiming for up to 20,000 tpa refined antimony production.

Company Fundamentals
10 Nov 2026, 13:30 WIB
GlobeNewsWire
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Bullish
Nova Minerals confirms 216,000 tpa processing capacity for Alaska antimony hub, aiming for up to 20,000 tpa refined antimony production.

Nova Minerals has confirmed a processing capacity of approximately 216,000 tonnes per annum at its new plant in Port MacKenzie, Alaska, supporting future commercial antimony production. The facility, part of a $43.4 million Department of War-funded project, aims to produce up to 600 tpa of military-grade antimony trisulphide initially, with potential expansion to 9,400-20,000 tpa refined antimony depending on feed grade and equipment. This infrastructure also positions Port MacKenzie as a multi-commodity critical minerals hub, potentially processing other minerals like tungsten and gallium, strengthening U.S. critical mineral supply chains. Nova plans to leverage this capacity to support domestic production and regional toll-processing opportunities.

Nova Minerals' new plant in Port MacKenzie, Alaska, confirms a processing capacity of approximately 216,000 tonnes per annum, supporting future commercial antimony production. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 10, 2026 15:21 WIB: out of 83 priced US stocks, 48 rose and 33 fell. Notable movers include NG (Novagold Resources Inc.) up 7.34% at USD 6.87 with a typical hold time of 13 days, CLF (Cleveland-Cliffs Inc.) up 7.33% at USD 12.30 with a typical hold time of 6 days, and CLMT (Calumet Inc.) down 9.03% at USD 36.06 with a typical hold time of 10 days.

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