tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Locksley Resources Strengthens U.S. Defense Strategy with Key Appointment

Story Highlights
Locksley Resources Strengthens U.S. Defense Strategy with Key Appointment

Claim 50% Off TipRanks Premium and Invest with Confidence

An announcement from Locksley Resources Limited ( (AU:LKY) ) is now available.

Locksley Resources Limited has appointed Lieutenant General (Ret.) Mark C. Schwartz as a Strategic Advisor to enhance its engagement with U.S. defense and national security sectors. This move is part of Locksley’s ‘U.S. Mine to Market Strategy,’ aiming to secure federal funding and integrate its antimony supply into defense and aerospace applications. The appointment is expected to bolster Locksley’s position within U.S. national security circles, particularly in reducing dependency on Chinese critical minerals, and supports the company’s efforts to establish a modern, integrated antimony supply chain in the United States.

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 extraction and supply of critical minerals, particularly antimony. The company is strategically positioned to support U.S. defense and national security initiatives by providing a domestic supply of essential materials, reducing reliance on foreign sources.

Average Trading Volume: 8,694,760

Technical Sentiment Signal: Buy

Current Market Cap: A$72.6M

See more data about LKY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1