Nova Minerals secures $43.4 million in defense funding for antimony
PositiveFinancial Markets

Nova Minerals has successfully secured $43.4 million in defense funding aimed at boosting its antimony production. This funding is significant as it not only supports the company's growth but also addresses the increasing demand for antimony, a critical mineral used in various defense applications. The investment highlights the government's commitment to enhancing domestic supply chains and reducing reliance on foreign sources, which is crucial for national security.
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