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Australia's Nova Minerals gets $43.4 million US grant for Alaska antimony production

ReutersOct 1, 2025 12:13 AM

- Australian critical minerals explorer Nova Minerals NVA.AX said on Wednesday its U.S. unit was awarded a $43.4 million grant by the U.S. Department of Defense to produce antimony trisulfide at its Estelle project in Alaska.

U.S. President Donald Trump has ordered the department to rename itself the Department of War, a change that will require action by Congress.

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