{
  "projectionVersion": "smpt-investigation-1",
  "projectId": "prj-us-estelle-antimony",
  "corpus": {
    "revision": "2026-11-03",
    "legalStatusCutoff": "2026-11-03",
    "view": "current_corpus_revision",
    "notice": "Curated corpus revision, not source freshness or historical known-as-of coverage. Financial histories retain their own status dates."
  },
  "project": {
    "id": "prj-us-estelle-antimony",
    "name": "Estelle Gold and Critical Minerals Project — integrated antimony supply chain",
    "sponsorOrgIds": [
      "org-alaska-range-resources"
    ],
    "locations": [
      {
        "countryCode": "US",
        "subnational": "Alaska",
        "asStated": "Estelle Project in Alaska"
      },
      {
        "countryCode": "US",
        "subnational": "Alaska",
        "asStated": "Port MacKenzie"
      }
    ],
    "stages": [
      "mining",
      "processing",
      "refining"
    ],
    "materialIds": [
      "antimony"
    ],
    "materialAttribution": "includes_untracked",
    "untrackedMaterialsAsStated": [
      "gold"
    ],
    "evidence": [
      {
        "sourceId": "src-dow-arr-antimony-2025",
        "supports": [
          "name",
          "stages",
          "materials",
          "location"
        ],
        "evidence": "explicit",
        "locator": "Award scope paragraphs",
        "note": "The award covers stibnite extraction, concentration and refining at the Estelle/Stibium initiative."
      },
      {
        "sourceId": "src-nova-arr-h1-2026",
        "supports": [
          "sponsors",
          "location",
          "stages",
          "materials"
        ],
        "evidence": "explicit",
        "locator": "U.S. Department of War Grant; Refinery & Equipment Procurement",
        "note": "The filing identifies ARR as the award recipient and Port MacKenzie as the proposed antimony refinery location."
      }
    ],
    "notes": "The underlying Estelle development also contains gold; this record represents the antimony supply-chain undertaking funded by the DPA award."
  },
  "organizations": [
    {
      "id": "org-alaska-range-resources",
      "name": "Alaska Range Resources, LLC",
      "nameOriginal": null,
      "aliases": [
        "ARR"
      ],
      "kind": "company",
      "roles": [
        {
          "role": "registered_sponsor",
          "recordId": "prj-us-estelle-antimony"
        },
        {
          "role": "recipient",
          "recordId": "fin-us-dow-arr-antimony-2025"
        }
      ],
      "evidence": [
        {
          "sourceId": "src-nova-arr-h1-2026",
          "supports": [
            "name",
            "kind",
            "country"
          ],
          "evidence": "explicit",
          "locator": "U.S. Department of War Grant section",
          "note": "Nova describes Alaska Range Resources as its 100%-owned U.S. subsidiary."
        }
      ]
    },
    {
      "id": "org-us-dod",
      "name": "U.S. Department of Defense",
      "nameOriginal": null,
      "aliases": [
        "U.S. Department of War",
        "Department of War",
        "DoD"
      ],
      "kind": "government",
      "roles": [
        {
          "role": "provider",
          "recordId": "fin-us-dow-arr-antimony-2025"
        }
      ],
      "evidence": [
        {
          "sourceId": "src-dod-mp-transaction-agreement-2025",
          "supports": [
            "name",
            "kind",
            "country",
            "actor"
          ],
          "evidence": "explicit",
          "locator": "Item 1.01, first paragraph",
          "note": "\"the United States Department of Defense (“Department of Defense” or “DoD”)\""
        },
        {
          "sourceId": "src-osc-vulcan-reelement-2025",
          "supports": [
            "name"
          ],
          "evidence": "explicit",
          "locator": "Third paragraph",
          "note": "\"Following the Department of War's agreement earlier this year with MP Materials\": the agreement the Form 8-K records with the Department of Defense, so one department under two names."
        }
      ]
    }
  ],
  "financialInstruments": [
    {
      "id": "fin-us-dow-arr-antimony-2025",
      "eventId": "evt-us-dow-arr-antimony-2025",
      "instrument": "grant",
      "valueRole": "commitment",
      "capitalSource": "public",
      "projectRelationship": "directly_attributable",
      "projectId": "prj-us-estelle-antimony",
      "associatedProjectIds": [],
      "amount": {
        "value": "43400000",
        "currency": "USD",
        "qualifier": "exact",
        "amountAsStated": "$43.4 million",
        "currencyBasis": "issuer_context",
        "basisNote": null,
        "basisLabel": null
      },
      "amountBasis": "current_recorded_terms_not_historical_totals",
      "provider": "U.S. Department of War",
      "providerJurisdiction": "us",
      "providerOrgIds": [
        "org-us-dod"
      ],
      "recipient": "Alaska Range Resources, LLC",
      "recipientOrgIds": [
        "org-alaska-range-resources"
      ],
      "programmeId": null,
      "legalAuthority": "Defense Production Act Title III",
      "facility": null,
      "locations": [
        {
          "countryCode": "US",
          "subnational": "Alaska",
          "asStated": "Estelle Project in Alaska"
        },
        {
          "countryCode": "US",
          "subnational": "Alaska",
          "asStated": "Port MacKenzie"
        }
      ],
      "materialIds": [
        "antimony"
      ],
      "stages": [
        "mining",
        "processing",
        "refining"
      ],
      "currentFinancialStatus": "contracted",
      "financialStatusHistory": [
        {
          "status": "decided",
          "date": "2025-09-30",
          "sourceId": "src-dow-arr-antimony-2025",
          "note": "The Department announced the DPA Title III award on 30 September 2025."
        },
        {
          "status": "contracted",
          "date": "2025-10-01",
          "sourceId": "src-nova-arr-h1-2026",
          "note": "Nova's filed half-year report describes a 24-month firm-fixed-price project sub-agreement awarded on 1 October 2025."
        }
      ],
      "legacyPhysicalObservations": [],
      "terms": [
        {
          "kind": "duration",
          "value": "24",
          "qualifier": "exact",
          "currency": null,
          "unit": "months",
          "asStated": "24-month firm-fixed price project sub-agreement",
          "sourceId": "src-nova-arr-h1-2026",
          "note": null
        }
      ],
      "statedOutcomes": [],
      "relationships": [],
      "evidence": [
        {
          "sourceId": "src-dow-arr-antimony-2025",
          "supports": [
            "instrument",
            "value_role",
            "capital_source",
            "amount",
            "provider",
            "legal_authority",
            "recipient",
            "project",
            "location",
            "stages",
            "materials",
            "status"
          ],
          "evidence": "explicit",
          "locator": "Opening and award-scope paragraphs",
          "note": null
        },
        {
          "sourceId": "src-nova-arr-h1-2026",
          "supports": [
            "recipient",
            "project",
            "location",
            "stages",
            "materials",
            "status",
            "terms"
          ],
          "evidence": "explicit",
          "locator": "U.S. Department of War Grant; Refinery & Equipment Procurement",
          "note": "The filing supplies the contract form, duration and Port MacKenzie refinery context."
        }
      ],
      "notes": "The $43.4M award spans extraction, concentration and refining; no source allocates the amount by stage, so the full figure is never assigned separately to any one stage."
    }
  ],
  "nonallocativeAssociations": [],
  "designations": [],
  "nativeMilestones": [],
  "policyContexts": [
    {
      "id": "evt-us-dow-arr-antimony-2025",
      "relationship": "finance_or_designation_parent",
      "jurisdiction": "us",
      "issuingBody": "U.S. Department of War",
      "titleEn": "Department of War DPA support for Alaska Range Resources' integrated antimony supply chain",
      "titleOriginal": "Department of War Awards $43.4 Million to Further On-Shore Antimony Trisulfide Production",
      "documentNumber": null,
      "date": "2025-09-30",
      "policyStatus": "active",
      "sourceIds": [
        "src-dow-arr-antimony-2025",
        "src-nova-arr-h1-2026",
        "src-nova-arr-q4-2025"
      ]
    }
  ],
  "coannouncedControls": [],
  "financePackageReferences": [],
  "unknowns": [
    "No project-native source-reviewed industrial milestone is published. Attributed activity in financing histories remains a separate evidence class; no exact milestone date or facility-wide conclusion is inferred.",
    "Historical amount review is incomplete. Current amounts cannot be read as a time series of earlier commitments.",
    "Structural links and shared materials do not demonstrate that a government measure caused an industrial outcome."
  ],
  "sources": [
    {
      "id": "src-dod-mp-transaction-agreement-2025",
      "title": "MP Materials Corp., Form 8-K (Transaction Agreement with the Department of Defense)",
      "publisher": "MP Materials Corp. / U.S. Securities and Exchange Commission (EDGAR)",
      "url": "https://www.sec.gov/Archives/edgar/data/1801368/000119312525157310/d43796d8k.htm",
      "language": "en",
      "sourceType": "other",
      "confidence": "primary",
      "publishedOn": "2025-07-10",
      "accessedOn": "2026-10-03"
    },
    {
      "id": "src-dow-arr-antimony-2025",
      "title": "Department of War Awards $43.4 Million to Further On-Shore Antimony Trisulfide Production",
      "publisher": "U.S. Department of War",
      "url": "https://www.war.gov/News/Releases/Release/Article/4319016/department-of-war-awards-434-million-to-further-on-shore-antimony-trisulfide-pr/",
      "language": "en",
      "sourceType": "official",
      "confidence": "primary",
      "publishedOn": "2025-09-30",
      "accessedOn": "2026-10-02"
    },
    {
      "id": "src-nova-arr-h1-2026",
      "title": "Nova Minerals Limited — Half-Year Financial Report and Review of Operations",
      "publisher": "Nova Minerals Limited / U.S. Securities and Exchange Commission (EDGAR)",
      "url": "https://www.sec.gov/Archives/edgar/data/1852551/000149315226019450/ex99-1.htm",
      "language": "en",
      "sourceType": "other",
      "confidence": "primary",
      "publishedOn": null,
      "accessedOn": "2026-10-02"
    },
    {
      "id": "src-nova-arr-q4-2025",
      "title": "Nova Minerals Limited — Quarterly Activities and Cashflow Report, December 2025",
      "publisher": "Nova Minerals Limited / U.S. Securities and Exchange Commission (EDGAR)",
      "url": "https://www.sec.gov/Archives/edgar/data/1852551/000149315226003702/ex99-1.htm",
      "language": "en",
      "sourceType": "other",
      "confidence": "primary",
      "publishedOn": "2026-01-27",
      "accessedOn": "2026-10-02"
    },
    {
      "id": "src-osc-vulcan-reelement-2025",
      "title": "Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies",
      "publisher": "U.S. Department of War (Office of Strategic Capital)",
      "url": "https://www.war.gov/News/Releases/Release/Article/4339788/office-of-strategic-capital-agrees-to-joint-700m-conditional-loan-commitment-wi/",
      "language": "en",
      "sourceType": "official",
      "confidence": "primary",
      "publishedOn": "2025-11-21",
      "accessedOn": "2026-09-23"
    }
  ],
  "limitations": [
    "Policy contexts here parent existing finance or designation records; a shared material or date never creates a causal edge.",
    "Coannounced controls are announcement siblings only, not project-specific restrictions or effects.",
    "Direct project attribution and nonallocative association are different. No individual monetary allocation, financial sum or payment conclusion is authorized.",
    "Financing statuses describe the current corpus revision. Legacy implementation observations require scoped review and are not project-native milestones.",
    "A milestone's event/target date, publication/access horizon and reviewer date are separate. A planned target is not automatically occurred.",
    "An absent reviewed milestone means no approved entry in SMPT, not that the facility is inactive or failed.",
    "Amounts retain current source-stated terms, original currency and exact decimal strings. This packet computes no historical financial totals or project-wide monetary allocation.",
    "Published source review does not establish independent on-site verification. Source, financial-status, occurrence, target and review dates remain distinct."
  ]
}