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Locksley Resources Limited
(Sydney:LKY)
Locksley Resources Limited (LKY) vs. iShares MSCI Australia ETF (EWA)
Locksley Resources Limited Business Overview & Revenue Model
Locksley Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.24K | 24.24K | 32.99K | 66.54K | 42.01K | 0.00 |
| Gross Profit | 12.62K | 24.24K | 32.99K | 66.54K | 42.01K | -17.00K |
| EBITDA | -1.56M | -1.56M | -2.07M | -1.43M | -2.68M | -513.68K |
| Net Income | -1.58M | -1.58M | -2.13M | -1.50M | -2.75M | -532.27K |
Balance Sheet | ||||||
| Total Assets | 9.11M | 9.11M | 8.63M | 7.18M | 7.32M | 4.55M |
| Cash, Cash Equivalents and Short-Term Investments | 2.26M | 2.26M | 2.30M | 2.27M | 1.91M | 4.29M |
| Total Debt | 1.80K | 1.80K | 1.80K | 31.50K | 80.99K | 124.97K |
| Total Liabilities | 340.64K | 340.64K | 174.23K | 334.97K | 734.04K | 267.52K |
| Stockholders Equity | 8.77M | 8.77M | 8.46M | 6.85M | 6.58M | 4.29M |
Cash Flow | ||||||
| Free Cash Flow | -1.41M | -1.41M | -2.06M | -1.41M | -2.81M | -511.92K |
| Operating Cash Flow | -1.41M | -1.41M | -2.03M | -1.41M | -2.67M | -463.94K |
| Investing Cash Flow | 22.69K | 22.69K | -575.02K | 0.00 | -146.87K | -47.98K |
| Financing Cash Flow | 1.34M | 1.34M | 2.64M | 1.78M | 429.58K | 4.80M |
Locksley Resources Limited Technical Analysis
Locksley Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$9.16M | -2.78 | -41.50% | ― | ― | -6.38% | |
48 Neutral | AU$6.46M | -3.87 | -25.70% | ― | -100.00% | 80.33% | |
45 Neutral | AU$6.47M | -1.05 | -135.06% | ― | ― | 30.99% | |
43 Neutral | AU$9.27M | -2.00 | -91.16% | ― | ― | 56.90% | |
42 Neutral | AU$81.28M | -29.21 | -15.29% | ― | 57.03% | 63.37% | |
36 Underperform | AU$9.71M | -0.77 | -145.66% | ― | ― | 34.61% |
Locksley Resources Limited Corporate Events
Locksley Resources has issued 760,000 fully paid ordinary shares at $0.10 each following the conversion of unlisted options, along with a further 3.5 million fully paid ordinary shares upon the satisfaction of performance hurdles attached to existing performance rights. The company said the new shares, which form part of its existing quoted class on the ASX, were issued without the need for a prospectus under the Corporations Act, and confirmed it is up to date with its financial reporting and continuous disclosure obligations, with no excluded information on hand for investors.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has applied to the ASX for quotation of 4,260,000 new fully paid ordinary shares under the ticker LKY, with an issue date of 9 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may enhance trading liquidity, representing a modest capital structure change relevant to current and prospective shareholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources has identified a high-grade mineralised silver corridor within the North Block of its Mojave Project in the United States, delineating a northwest–southeast striking zone that now extends for roughly 3km from the Silver Prospect through the historic Hendricks Shaft area. Recent reconnaissance and rock chip sampling, including assays up to 409g/t silver and notable base metal grades of up to 4.2% copper, 1.5% lead and 1.5% zinc, confirm the presence of a polymetallic quartz vein system that significantly enlarges the project’s exploration target and supports the potential for a large-scale hydrothermal system, enhancing the project’s prospectivity and strategic importance for the company and its stakeholders.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has called a General Meeting of shareholders for 22 January 2025 in Perth and is encouraging investors to lodge proxy votes online or in accordance with the instructions provided ahead of the meeting deadline. The company will largely rely on electronic distribution of the Notice of Meeting and related documents, directing shareholders to its website and ASX announcements page and noting that hard copies will only be sent to those who have previously requested them, reflecting a continued shift towards digital communication and streamlined corporate governance processes.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited has called a general meeting of shareholders for 22 January 2026 in Perth, where investors on the register as at 20 January 2026 will vote on ratifying prior share placements. The board is seeking shareholder approval under ASX Listing Rule 7.4 to ratify the earlier issue of a combined 70,833,334 placement shares under Listing Rules 7.1 and 7.1A, a step that will effectively refresh the company’s placement capacity and provide greater flexibility for future capital raisings, while subject to voting exclusions for those who participated in the placements and their associates.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
Locksley Resources Limited, listed on the ASX under the ticker LKY, has issued a total of 2,845,313 fully paid ordinary shares. This includes 845,313 shares at a price of $0.24 each and 2,000,000 shares following the fulfillment of a performance hurdle. These shares are part of a class of securities quoted on the ASX. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act.
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.
Locksley Resources Limited has announced the issuance of 845,313 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code LKY. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence.
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.
Locksley Resources Limited has announced the quotation of 2,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 15, 2025. This move is part of the company’s strategy to leverage financial markets for growth, potentially enhancing its liquidity and providing additional capital for its operations, which could impact its stakeholders positively by increasing the company’s market visibility and investor confidence.
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.
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.
Locksley Resources Limited, listed on the Australian Securities Exchange, has issued 69,988,021 fully paid ordinary shares at a price of $0.24 per share. This issuance was conducted without a disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act, indicating transparency and adherence to regulatory standards.
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.
Locksley Resources Limited announced the quotation of 69,988,021 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s market presence and provide additional liquidity for stakeholders, potentially impacting its operational capabilities and industry positioning positively.
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.
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.
Locksley Resources Limited has announced the identification of new rare earth element (REE) targets adjacent to the Mountain Pass Rare Earth Mine through a high-resolution geophysical survey. The survey revealed a significant Thorium anomaly, a key indicator of potential REE mineralization, in the North Block claims of the Mojave Project. This discovery opens up a second prospective trend near El Campo, enhancing the company’s exploration prospects. The detailed structural map generated by the survey will guide further target generation, with immediate field validation underway to confirm these findings. This development positions Locksley Resources to potentially expand its operations and strengthen its presence in the REE market.
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.
Locksley Resources Limited has released a presentation outlining its operational plans and business strategies, emphasizing its focus on antimony and rare earth elements. The announcement highlights the company’s ongoing efforts to secure necessary resources and approvals, while also addressing the inherent risks and uncertainties in the mining sector, which may impact its future operations and stakeholder 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.
Locksley Resources Limited has announced a proposed issue of 70,833,334 ordinary fully paid securities, scheduled for issuance on December 11, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning as it seeks to raise funds for its operations and projects.
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.
Locksley Resources Limited has successfully raised A$17 million through an oversubscribed placement, primarily supported by U.S. institutional investors. This funding will accelerate the company’s ‘Mine to Market’ strategy, focusing on the Mojave Project, and enhance its role in the U.S. critical minerals ecosystem, aligning with national security priorities.
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.
Locksley Resources Limited has announced the appointment of Ian Stockton as a director, effective November 28, 2025. The company has granted him 2,000,000 performance rights expiring on December 5, 2028, as part of his appointment. This move signifies a strategic step in strengthening the company’s leadership, potentially impacting its operational dynamics and stakeholder relations.
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.
Locksley Resources Limited announced the issuance of 2,000,000 unquoted performance rights, effective December 5, 2025. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and stakeholder 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.
Locksley Resources Limited is set to establish a Level 1 American Depositary Receipt (ADR) program with The Bank of New York Mellon, marking a significant step in its U.S. capital markets strategy. This initiative will enhance Locksley’s visibility and access to U.S. institutional investors, aligning the company with major global peers and setting the stage for potential future U.S. exchange listings. The ADR program will provide U.S. investors with easier access to Locksley’s Mojave Critical Minerals Project, expanding the company’s investor reach and supporting its strategic importance in delivering a U.S. Mine to Market antimony solution.
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.
Locksley Resources Ltd, a company listed on ASX, OTCQX, and FSE, announced the results of its Annual General Meeting where all resolutions were passed. The resolutions included the adoption of the remuneration report, re-election of directors, approval of a 10% placement facility, and ratification of prior issues of corporate advisory options and marketing shares, indicating strong shareholder support and potential for strategic growth.
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.
Locksley Resources Limited has commenced its maiden drilling campaign at the El Campo Rare Earths Prospect, marking a significant step in its exploration efforts. The company has also received final approval for an expanded drilling program at the Desert Antimony Mine, ensuring continuous exploration activities and data flow through the first two quarters of 2026. These developments are expected to enhance Locksley’s operational capabilities and strengthen its position in the rare earth elements and antimony market.
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.
Locksley Resources Limited has partnered with Columbia University to enhance its rare earth and critical minerals processing strategy in the U.S. This collaboration aims to develop sustainable processing technologies using AI-driven ore characterization and electrochemical recovery methods. The initiative aligns with the U.S. Department of Energy’s funding mandates and strengthens Locksley’s position in the critical minerals sector, supporting the development of scalable, low-impact mining technologies.
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.
Locksley Resources Limited has appointed Ian Stockton as Non-Executive Technical Director to enhance its technical leadership as the company transitions from exploration to development. Stockton’s extensive experience in resource development and antimony project management will support Locksley’s efforts to advance the Desert Antimony Mine in California and strengthen its U.S. critical minerals program.
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.
Locksley Resources Limited has announced a proposed issue of securities, specifically 2,000,000 performance rights, set to be issued on November 21, 2025. This move is part of a placement or other type of issue, which could impact the company’s market positioning and stakeholder interests by potentially increasing its capital base and enhancing its operational capabilities.
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.
Locksley Resources Limited has announced significant progress in its U.S. Mine-to-Market strategy, particularly at the Desert Antimony Mine (DAM) Prospect. The company is advancing plans for mineral extraction and processing, supported by technical milestones such as a LiDAR underground survey and metallurgical processing updates. With a potential supply of high-grade antimony, Locksley aims to establish a 100% American-made mine-to-metal supply chain, aligning with federal initiatives to rebuild U.S. processing capabilities for defense and energy systems. This positions Locksley as a strong contributor to U.S. critical mineral independence.
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.
Locksley Resources Limited has completed a high-resolution LiDAR survey at the Desert Antimony Mine in California, part of its Mojave Project. This survey provides a detailed 3D representation of the historic mine workings, which will guide future drilling and redevelopment plans. The data confirms the extent of underground development and the location of previously mined stibnite-bearing veins, enhancing the precision of future drilling designs. This initiative supports Locksley’s broader strategy to re-establish a domestic antimony supply chain in the U.S., aligning with national efforts to rebuild critical minerals capacity.
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.
Locksley Resources Limited has announced the withdrawal of a resolution for the re-election of Director Stephen Woodham from its upcoming Annual General Meeting agenda following his resignation. This change will not affect the validity of proxy forms or votes already submitted, and all other business items will proceed as planned. The Mojave Project, which is strategically located in California, positions Locksley to benefit from the growing geopolitical need to diversify supply chains away from China, aligning with U.S. objectives for critical mineral independence.
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.
Locksley Resources Limited has entered a Memorandum of Understanding with Hazen Research Inc. to secure processing capacity for antimony ore from its Desert Antimony Mine in the U.S. This agreement aims to accelerate production timelines and reduce risks by allowing the company to generate operational data and product samples while continuing the development of pilot and commercial-scale plants. This strategic move aligns with U.S. government objectives and positions Locksley to efficiently deliver value to shareholders.
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.
Locksley Resources Limited announced an investor webinar to discuss significant developments, including a potential US$191 million financing support from the U.S. Export-Import Bank for its Mojave Critical Minerals Project in California. The company is advancing its U.S. expansion strategy with new surveys and drilling programs, and has produced the first 100% American-made antimony ingot in decades, reinforcing its position in the critical minerals sector.
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.
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.
Locksley Resources Limited has issued 650,000 fully paid ordinary shares at $0.10 per share following the conversion of unlisted options. This move is part of the company’s strategy to strengthen its financial position and enhance its market operations, with compliance to relevant regulations, indicating a stable and transparent corporate governance structure.
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.
Locksley Resources Limited has announced the quotation of 650,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from October 29, 2025. This move indicates the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, which could have implications for its stakeholders and investors.
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.
Locksley Resources Limited has initiated a high-resolution heli-mag and radiometrics survey at its Mojave Project in California, partnering with EDCON-PRJ Inc. The survey aims to significantly enhance data resolution, facilitating the identification of new drill targets for REE and antimony. This strategic move is expected to accelerate exploration activities and strengthen Locksley’s project pipeline, with the potential to impact its industry positioning positively.
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.
Locksley Resources Limited has appointed Kerrie Matthews as Managing Director and CEO to accelerate its U.S. mine-to-metal commercialization efforts. This leadership change is aligned with the company’s strategic priorities, including pilot-scale development and securing government programs. Matthews’ previous achievements, such as producing the first wholly American-made antimony ingot in decades, have positioned Locksley as a key player in the transformation of the U.S. antimony market. The company aims to establish itself as a cornerstone supplier of critical minerals in the U.S., supported by partnerships with organizations like Hazen Research and GreenMet.
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.
Locksley Resources Limited has announced its 2025 Annual General Meeting of Shareholders, scheduled for 28 November 2025 in Perth, WA. Shareholders are encouraged to submit proxy votes and questions in advance. The company will not send physical copies of the meeting notice, but it can be accessed online. This meeting is significant for stakeholders as it provides an opportunity to engage with the company’s management and influence future directions.
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.
Locksley Resources Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, in Perth, Australia. The meeting will address the company’s financial performance, including the adoption of the Remuneration Report. This report, part of the Directors’ Report for the year ending June 30, 2025, is advisory and non-binding, reflecting on the company’s compensation strategies. The AGM will also consider other key financial documents, such as the Financial Report and Auditor’s Report, impacting shareholder decisions and company governance.
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.
Locksley Resources Limited has made significant advancements in its Mojave Project, including partnerships with Rice University and GreenMet to enhance its antimony refining capabilities and secure US government funding. The company has expanded its strategic footprint with additional claims and is preparing for drilling programs at its Desert Antimony Mine and El Campo prospects. These developments position Locksley to strengthen its market presence in the critical minerals sector, potentially impacting its operations and stakeholder 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.
Locksley Resources Limited has announced the issuance of 1,000,000 fully paid ordinary shares at $0.10 per share following the conversion of unlisted options, and an additional 6,000,000 shares upon meeting a performance hurdle related to existing performance rights. This move reflects the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, signaling a proactive approach to leveraging its securities for growth and operational expansion.
Locksley Resources Limited has announced the issuance of 7,000,000 fully paid ordinary securities, which will be quoted on the ASX under the code LKY. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity for increased investment in the company’s future growth.
Locksley Resources Limited has secured a diamond drill rig for its upcoming drilling program at the El Campo Prospect, part of the Mojave Rare Earth Element Project in California. The program, approved by the U.S. Bureau of Land Management, aims to test high-grade REE mineralisation and marks a significant step in Locksley’s strategy to enhance its position in the rare earths market.
Locksley Resources Limited has achieved a significant milestone by producing the first 100% American made antimony ingot in decades. This breakthrough establishes a fully domestic mine-to-metal supply chain for antimony, supporting U.S. government initiatives to secure critical minerals essential for defense, energy, and advanced manufacturing. The company is now advancing pilot-scale production to ensure scalability and aims to supply the U.S. defense and industrial sectors, marking a pivotal step in strengthening America’s critical minerals independence.
Locksley Resources Limited has announced significant progress in its collaborative research program with Rice University, focusing on the development of a green hydrometallurgical solvent system, DeepSolv™, for antimony extraction. This advancement aligns with Locksley’s strategy to establish a sustainable and scalable antimony production process, supporting U.S. objectives for critical mineral independence and marking a milestone in creating a 100% American-made antimony supply chain.