What's Happening?
Locksley Resources has issued expressions of interest to US engineering firms for a scoping study at its Desert Antimony Mine pilot plant. The study will focus on metallurgical optimization and engineering design to advance the project. Locksley aims to partner with firms that have US-based capabilities and are familiar with the permitting process. The initiative follows a recent capital raise and is part of Locksley's strategy to fast-track its 2026 development goals. The company is focused on critical minerals exploration, with assets in the US considered prospective for rare earths and antimony.
Why It's Important?
The engagement of US engineering firms underscores Locksley's commitment to advancing its Desert Antimony Project efficiently. By leveraging local
expertise, the company aims to navigate regulatory processes and optimize its operations. This development is significant for the US critical minerals sector, as it aligns with national priorities to secure domestic supply chains for essential materials. The project could contribute to economic growth and job creation in the region, while also supporting broader efforts to reduce reliance on foreign sources of critical minerals.
What's Next?
Locksley will evaluate the responses from engineering firms and select a partner to lead the scoping study. The study's findings will inform the next stages of project development, including engineering design and economic evaluation. As the project progresses, Locksley will continue to engage with stakeholders, including regulatory agencies and local communities, to ensure compliance and address any concerns. The successful advancement of the Desert Antimony Project could position Locksley as a key player in the US critical minerals market.
