Locksley Resources Moves to Establish a Domestic Antimony Supply Chain
Locksley Resources (ASX: LKY) plans to create a full mine-to-market antimony supply chain in the US. The company has partnered with GreenMet, a Washington-based advisory group specializing in US mineral policy. This alliance helps position the Mojave project for inclusion in key US initiatives like the Defense Production Act and Inflation Reduction Act.
The Mojave project sits next to MP Materials’ Mountain Pass mine, the only rare earths mine currently active in the US. The project includes the Desert antimony zone, which recorded grades up to 46% antimony, and the El Campo rare earths zone, where recent samples showed 12.1% total rare earth oxides. As a result, Locksley sees a chance to reduce US dependency on critical minerals from China and Russia.
Locksley believes Mojave offers a rare opportunity to secure key raw materials within US borders. Antimony is essential for defense, batteries, and semiconductors. Currently, the US imports nearly all refined antimony, mostly from non-allied nations. That makes domestic control an urgent national priority.
Strategic Funding and Research Drive Mojave’s Growth
To move quickly, Locksley raised $6 million through an oversubscribed placement. This capital will fund new drilling programs at both Desert and El Campo, set to begin in September. Additionally, the company secured approval from the Bureau of Land Management (BLM) for expanded operations.
Meanwhile, Locksley formed a new research partnership with Rice University to develop antimony processing technology in the US. This alliance targets one of the weakest links in the current supply chain—lack of local refining capability. If successful, the Mojave project could become the first US-based antimony system covering exploration, processing, and product delivery.
Moreover, aligning with top research and policy partners gives Locksley a unique edge. The company not only gains technical expertise but also strengthens its eligibility for US government funding and support.
SuperMetalPrice Commentary:
Locksley Resources is not simply exploring a mineral deposit—it’s aligning with Washington’s broader industrial strategy. Its Mojave project sits at the intersection of geopolitics and materials science. With antimony critical to defense and technology, reducing reliance on China and Russia remains a US priority. If Locksley executes well, Mojave may emerge as a model for future US-based supply chains. Both investors and policymakers should keep a close eye on its next phase.
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