07:58 AM EDT, 10/10/2025 (MT Newswires) -- Nova Minerals ( NVA ) said Friday that it has secured a permit to use 42.81 acres of land for a proposed antimony refinery near Port MacKenzie, Alaska.

The company said it is targeting output at the refinery within 24 months.

Nova said it has plans for a proposed downstream refinery at Port Mackenzie and is negotiating with the US government on additional federal funding initiatives.

Shares of the company were up 4.1% in recent Friday premarket activity.