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The Alaska Industrial Development and Export Authority (AIDEA) has lodged a permit application with the US Army Corps of Engineers for the West Susitna Access Road, a pivotal infrastructure project to support Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA, OTC:NVAAF) Estelle Gold and Critical Minerals Project. The proposed 78.5-mile all-weather public and industrial road is scheduled for permitting through 2025–2026. Construction of the first 22 miles is expected to start in late 2025 under a parallel project led by the Alaska Department of Transportation & Public Facilities. Alaska Governor Mike Dunleavy has requested the road be granted “priority project” status under Presidential Executive Order 14241 to fast-track permitting as part of the United States' broader strategy to secure mineral supply chains and national energy security. “The West Susitna Access Road represents a critical step forward for the Mat-Su region, Alaska, and beyond. This transformative infrastructure project is expected to not only unlock significant economic opportunities by facilitating resource development, but also enhance local access and create jobs in the process,” Nova CEO, Christopher Gerteisen said. AIDEA has submitted its application to the US Army Corps of Engineers for the West Susitna Access Road permit. The 78.5-mile route will run west from Alexander Creek to the Whiskey Bravo airstrip, providing vital all-season access for the Estelle Project and surrounding communities. This road is intended to enable substantial cost savings in mining operations, support regional economic development, and improve access to currently isolated public lands. Construction of the initial 22-mile stretch, including a major Susitna River bridge, is scheduled to begin in late 2025 and finish by 2027. The project has garnered strong backing from the Alaskan government, with Governor Dunleavy invoking federal orders to expedite the process. The Governor described the road as “important to Alaska, the Nation, and the future of the Nation’s energy dominance and national security.” “We are proud to support AIDEA and the state's ongoing efforts to build a stronger, more sustainable future through infrastructure development,” Gerteisen said. The state’s commitment to expanding access to Alaska’s vast public lands aligns well with our shared vision for long-term economic growth and national security. We are excited to see the potential positive impact this project could have on both the local community and the state's broader economic landscape.” The access road has attracted support from multiple levels of government and community stakeholders. Matanuska-Susitna Borough Mayor Edna DeVries called it “a strategic investment in our region’s future,” while Representative Kevin McCabe and Senator Mike Shower underscored its potential for economic uplift, national security, and mineral supply chain resilience. Rod Arno of the Alaska Outdoor Council expressed strong support for increased overland access to public lands, and Cindi Hermans, local business owner and president of Friends of West Susitna, said the project was “a long time coming” for the region. The permit application begins a regulatory review involving federal agencies and public consultation. Nova Minerals affirmed its commitment to responsible development and cooperation with stakeholders. The project aligns with Alaska’s constitutional mandate to develop state lands for maximum public benefit, balancing economic access with environmental stewardship. More information on the project, including 3D visualisations, is available on Nova Minerals’ website. https://novaminerals.com.au Nvidia Corp (NASDAQ:NVDA, ETR:NVD) has ordered 300,000 additional H20 chipsets from Taiwan’s TSMC, responding to strong demand in China, according to two sources cited by Reuters. The decision follows the Trump administration’s move to allow Nvidia to resume H20 GPU sales to China after a brief ban in April. The H20, designed specifically for the Chinese market under US export restrictions, offers less computing power than Nvidia’s high-end models. The new order adds to an estimated existing stockpile of up to 700,000 units, with around 1 million H20 chips sold in 2024, the Reuters report says. Nvidia is seeking new export licences from the US government and has asked Chinese buyers to submit updated order forecasts. Neither Nvidia nor TSMC commented on the new orders.
