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The latest announcement is out from Locksley Resources Limited ( (AU:LKY) ).
Locksley Resources Limited has received a drilling permit from the U.S. Bureau of Land Management to explore the historic Desert Antimony Mine in California. This initiative aligns with the U.S. government’s efforts to expedite critical mineral development, as antimony is a critical mineral with significant defense and industrial applications. The project aims to reduce U.S. reliance on imported antimony, primarily from China, and represents a strategic move to enhance domestic mineral production. The drilling, scheduled for the third quarter of 2025, will be conducted alongside Locksley’s rare earths program, marking a significant step in the company’s exploration efforts.
More about Locksley Resources Limited
Locksley Resources Limited is a company operating in the mining industry, focusing on the exploration and development of critical minerals such as antimony and rare earth elements. The company is engaged in projects like the Mojave Critical Minerals Project in California, aiming to secure domestic supply chains for essential minerals.
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Technical Sentiment Signal: Buy
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