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Cover image for article: Nova Minerals says state approved its antimony mine and Port MacKenzie refinery plans

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Nova Minerals says state approved its antimony mine and Port MacKenzie refinery plans

by Cale Green · draft by Walter AlaskaNews(5d ago)
2 min readPort MacKenzie, Alaska

Nova Minerals told federal securities regulators Tuesday that the state has given final approval to its plan to mine antimony ore about 80 miles southwest of Trapper Creek and refine it at Port MacKenzie.

The Alaska Department of Natural Resources has not posted the signed decision.

Nova's subsidiary, Alaska Range Resources of Palmer, would dig stibnite, the ore antimony comes from, at its Estelle project, sort it there and refine it at Port MacKenzie, according to Nova's release. The company says the approvals finish its permitting about three months after it applied and allow construction and operation for "an initial three-year term." It's aiming to start production in 2027.

The drafts DNR put out for comment in September ran from 2026 to 2031. They set a reclamation bond, money set aside to put the ground back, at about $6.6 million, and the reclamation draft barred operations until the bond is posted. Whether those terms changed won't be clear until the signed decision is public.

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