#Australia #San Bernardino #Locksley Resources #Mojave Project #GreenMet

Locksley Resources Partners with GreenMet

Locksley Resources, an Australian exploration firm listed on the ASX (LKY) and OTCQB (LKYRF), has announced its strategic collaboration with GreenMet, a Washington D.C.-based advisory group. This partnership marks a pivotal step forward for the company, as they aim to advance the Mojave Critical Minerals Project located in California. By leveraging GreenMet’s unique positioning within the U.S. government, Locksley plans to integrate its project into significant federal frameworks such as the Defense Production Act, Inflation Reduction Act, and various programs established by the Department of Energy.

Advancing the Mojave Project

Nathan Lude, the chairman of Locksley Resources, explained the motivation behind this partnership, stating that GreenMet is instrumental in navigating the complex landscape of government grants, loans, and offtake agreements. The current political climate is ripe for investment in critical minerals, especially following the recent announcement from the U.S. Department of Energy to allocate $1 billion towards the development of critical minerals and materials supply chains. Lude believes that this collaboration positions the Mojave Project as a foundational asset for U.S. defense, technology, and energy sectors.

The Mojave Project aims to extract rare earth elements (REEs) and antimony, which are essential components in several high-tech applications, including semiconductors and defense systems. Located in the Mojave Desert, the project encompasses over 250 claims, some of which are adjacent to holdings owned by other significant players in the market.

Strategic Leadership

The GreenMet team boasts a wealth of experience in government and defense sectors, led by Drew Horn, a renowned authority on U.S. critical minerals strategy. Horn has previously occupied key roles within the U.S. government, where he played an influential part in implementing the Defense Production Act. His expertise in securing funding and off-take agreements vital for projects aiming to meet the U.S.'s strategic needs is of paramount importance to Locksley’s goals.

In addition, GreenMet's collaborative network includes Mark Green, a former senior advisor within U.S. governmental agencies, and Retired General David Barrett, who possesses vast experience and connections within the national security landscape. Together, they create a synergistic effect that can amplify Locksley's credibility and visibility among policymakers, investors, and industry partners in Washington D.C. and other financial hubs in the U.S.

Geopolitical Context and Market Dynamics

As geopolitical tensions and supply chain vulnerabilities rise, the need for domestic production of critical minerals has never been more pressing. The reality is that the United States currently relies heavily on foreign sources, especially from China, for many critical materials, including rare earth elements and antimony. This dependency poses significant risks to national security and economic stability.

Locksley's commitment to advancing the Mojave Project aligns with a broader strategic objective: to reduce reliance on foreign sources and ensure a stable supply of crucial materials needed for various industries. The project's potential to harness domestic resources serves not just business interests, but overarching national interests as well.

In conclusion, the engagement of GreenMet represents a strategic pivot for Locksley Resources, ushering in a new era of growth and opportunity, closely tied to U.S. government objectives. By exploring and optimizing resources domestically, Locksley is working to not only reinforce its position in the market but also contribute to the sustainability and resilience of U.S. supply chains for critical minerals.