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Business/Financial

DoD Awards Alaskan Mining Company $43 Million To Accelerate Antimony Extraction

By Cal Biesecker

Wednesday, October 1st, 2025

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DoD Awards Alaskan Mining Company $43 Million To Accelerate Antimony Extraction

Antimony. Photo: The St. Louis Group

The Defense Department on Tuesday said it has awarded Alaska Range Resources, LLC (ARR) a $43.4 million contract to mine and refine a sulfide mineral that will be used to make military grade antimony trisulfide to help meet defense industrial base demand. ARR, a U.S. subsidiary of Australia’s Nova Minerals Ltd. [NVA], will extract, concentrate, and refine Stibnite, an ore of antimony, to produce antimony trisulfide, which is used in ammunition, semiconductors for lasers and night vision devices, and explosives.…

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