Locksley woos European critical metal backers with Frankfurt listing

ASX-listed Locksley Resources has rung the bell in Frankfurt, trading under the ticker X5L, to bolster its ASX and United States listings. The move means the company can chase critical mineral riches with fresh European firepower.

The triple-listing has come amid surging global demand for rare earths and antimony and opens the door to a raft of new investors, who may want exposure to Locksley’s Mojave antimony and rare earth project in California.

Locksley Resources has made its debut on the Frankfurt boards, opening the door to European funding for its Californian antimony and rare earths project.

Locksley says the Frankfurt listing is aimed at improving liquidity, sharpening price discovery and broadening its reach to European backers aligned with US minerals policy and reshoring ambitions.

The German-speaking DACH region, covering Germany, Austria and Switzerland, houses nearly 100 million people and potentially offers an entirely new shareholder base – one increasingly attuned to global energy security and critical mineral supply chains.

Locksley’s project sits smack bang in the heart of the Mojave critical minerals corridor, an area which is fast becoming a hotbed of strategic interest.

The company’s 250-plus claims straddle two contiguous blocks and rub shoulders with MP Materials’ giant Mountain Pass mine, the only rare earths operation currently running on American soil. The grounds pack a double punch, hosting both a rare earths play and a high-grade antimony prospect with serious upside.

At the top of Locksley’s exploration priority list is its historic Desert antimony mine, which sits in the company’s Northern Block and has been mothballed since 1937. Recent rock chip sampling returned stunning assays up to 46 per cent antimony and 1022 grams per tonne (g/t) silver, proving that the deposit may still have plenty of gas in the tank.

The US is not currently producing antimony, which is vital for everything from semiconductors to armour-piercing ammunition - a fact not lost on Pentagon strategists.

Next cab off the rank is the company’s El Campo rare earths prospect, which lies a few kilometres south of the Desert mine. Recent sampling has revealed eye-watering total rare earth oxide (TREO) grades up to 12.1 per cent and 3.19 per cent neodymium-praseodymium across an 860-metre strike.

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.

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