Almost 92 per cent of global critical mineral supply is tied up in non-aligned nations such as China and North Korea, which has left the US scrambling to lock down its own supply lines. Washington has flung the gates wide open, offering fast-tracked mine approvals and a suite of government funding programs to back future domestic producers.
Significant grants and loans are now being offered by the nation’s energy and defence departments, alongside programs from EXIM Bank and the US International Development Finance Corporation. The Department of Energy alone has flagged nearly US$1 billion (A$1.54 billion) in new funding opportunities for critical minerals and supply chain projects.
With Europe now on board, Locksley is shifting focus to the US market, where it is weighing up alternative market entry options to its current OTC exposure, under the ticker LKYRF. These might include a Nasdaq or NYSE listing, an American depository receipt program for seamless US trading access, or even a merger with a special purpose acquisition company to fast-track the company’s American growth plans.
Locksley has also locked in a NATO Commercial and Government Entity registration, which is an essential step in unlocking US defence and energy department funding, grants and procurement programs. The code gives the company a direct line to US federal agencies, boosting its prospects of securing strategic mineral supply contracts.
With its Frankfurt debut, NATO clearance and Mojave’s high-grade antimony and rare earths, Locksley appears perfectly positioned to tap European investors, US defence funding and soaring global demand for critical minerals.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
