Adelong Gold Progressing Towards Collaboration Agreement with Nova Minerals

MT Newswires Live

2025/10/03

Adelong Gold (ASX:ADG) and Nova Minerals (ASX:NVA) are advancing towards a broader collaboration agreement, which is expected to include a right-of-first-refusal over antimony concentrate across Adelong's projects, development funding support, and technical collaboration to accelerate studies on antimony zones, according to a Friday Australian bourse filing.

Nova is Adelong's strategic partner and cornerstone investor, and its Chief Executive, Christopher Gerteisen, will join Adelong as an advisor.

Nova secured a $43.4 million grant from the US Department of War under the Defense Production Act Title III program, structured as a 24-month, firm-fixed-price agreement to contribute to the establishment of a fully integrated US antimony supply chain.

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