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An announcement from Locksley Resources Limited ( (AU:LKY) ) is now available.
Locksley Resources Limited has received a Letter of Interest from the U.S. Export-Import Bank, indicating potential financing support of up to US$191 million for its Mojave Project in California. This support is part of a broader U.S. government effort to strengthen domestic critical mineral supply chains, particularly in light of recent U.S.–China trade agreements. The project is positioned to provide a low-risk, U.S.-based solution to reduce dependency on Chinese supply, aligning with U.S. economic and national security interests.
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 is a company involved in the mining industry, focusing on the production and supply of antimony and rare earth elements (REE). The company is working to establish a 100% American-made supply chain for these critical minerals, aligning with U.S. policy initiatives to reduce foreign supply dependence.
Average Trading Volume: 12,651,737
Technical Sentiment Signal: Buy
Current Market Cap: A$98.03M
For an in-depth examination of LKY stock, go to TipRanks’ Overview page.