Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Locksley Resources Limited ( (AU:LKY) ) has shared an update.
Locksley Resources Limited has initiated the selection process for engineering partners to design a pilot plant for the Desert Antimony Mine. This move is part of their strategy to advance towards commercial antimony production and support U.S. efforts to rebuild domestic supply chains. The company has issued an Expression of Interest to top-tier U.S. engineering firms, emphasizing local expertise and regulatory familiarity. The response has been positive, highlighting confidence in Locksley’s development strategy. Concurrent metallurgical optimization aims to enhance processing efficiency, ensuring the project progresses swiftly and efficiently.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
More about Locksley Resources Limited
Locksley Resources Limited operates in the mining industry, focusing on the development and production of antimony. The company is working towards establishing a fully integrated U.S. antimony supply chain, aligning with domestic critical mineral policies to reduce reliance on foreign supply.
Average Trading Volume: 9,801,234
Technical Sentiment Signal: Buy
Current Market Cap: A$72.46M
Find detailed analytics on LKY stock on TipRanks’ Stock Analysis page.