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Locksley Resources Limited ( (AU:LKY) ) has shared an update.
Locksley Resources Limited has announced a strategic partnership with Rice University to advance its U.S. Critical Minerals and Energy Resilience Strategy. This collaboration aims to develop domestic processing pathways for antimony, a critical material for the U.S. Defense sector, and to reduce reliance on foreign imports, particularly from China. By integrating upstream development with downstream innovation, Locksley seeks to establish a sovereign supply chain that aligns with U.S. strategic needs and potentially access government funding. This initiative marks a significant step in addressing the critical supply chain gap in antimony processing, which is currently dominated by foreign suppliers.
More about Locksley Resources Limited
Locksley Resources Limited is a company focused on the mining and processing of critical minerals, with a particular emphasis on antimony. The company is involved in the Mojave Project, aiming to establish domestic antimony processing capacity in the United States to address supply chain gaps, especially for the U.S. Defense sector.
Average Trading Volume: 17,277,849
Technical Sentiment Signal: Buy
Current Market Cap: A$55.31M
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