Nova Minerals is trading at $3.38, up 8.15%, after a $249 million federal grant was announced to fund rail-link completion supporting its planned critical-minerals processing and refining hub.
- The grant was awarded to the Alaska Railroad, not Nova Minerals.
- It will fund completion of a 32-mile rail link to Port MacKenzie; Nova Minerals says it will directly support the planned hub.
- Available coverage does not establish trading volume or quantify how much the infrastructure news drove the October 21 gain.