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Locksley Resources Limited ( (AU:LKY) ) has shared an announcement.
Locksley Resources Limited has announced promising initial metallurgical test results from its Mojave Project, which indicate high recovery rates of antimony, ranging from 82.9% to 85.9%. These results validate the project’s potential to support a domestic supply chain for antimony, a critical mineral, in the United States. The company is assessing options to produce antimony metal ingot, oxide, and trisulphide, with further improvements expected as fresh rock samples are tested. The successful testwork positions Locksley to play a significant role in securing the U.S. critical minerals supply chain, with ongoing efforts to enhance stibnite recovery and concentrate grade.
More about Locksley Resources Limited
Locksley Resources Limited is a company operating in the mining industry, focusing on the extraction and production of critical minerals, particularly antimony. The company is committed to establishing a domestic mine-to-market supply chain for antimony in the United States, aligning with government priorities for onshore critical mineral supply security.
Average Trading Volume: 14,521,782
Technical Sentiment Signal: Buy
Current Market Cap: A$151.5M
See more data about LKY stock on TipRanks’ Stock Analysis page.