Nova Minerals starts winter freight haul to Estelle antimony project after USD 43.4 million award

Reuters

Mar 16

Nova Minerals starts winter freight haul to Estelle antimony project after USD 43.4 million award

Nova said it has begun hauling heavy mining and processing equipment to its Estelle Project in Alaska using a winter snow road about 150 km from Willow. The company said it assembled an EPCM team after receiving a USD 43.4 million U.S. Department of War award to support trail construction, airstrip expansion, and extraction and processing of stibnite-bearing antimony ore. Nova said 95% of major mining and processing equipment has been received at its Willow staging yard, and about 70% has already been transported toward the Estelle site. The company said the equipment being mobilized includes articulated haul trucks, excavators, dozers, crushers and an ore sorter for planned antimony-related operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nova Minerals Limited published the original content used to generate this news brief on March 15, 2026, and is solely responsible for the information contained therein.

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