Locksley and Rice University to expand DeepSolv program as antimony interest grows

• Locksley seeks to expand its DeepSolv program with Rice University
• The two are looking to test multiple antimony feedstocks at different processing stages
• Locksley in discussions with additional mining group regarding DeepSolv tech

Special report: Locksley Resources has stepped up a collaboration with Rice University and intends to expand testing of its proprietary DeepSolv technology in response to surging industry interest.  

A senior Locksley (ASX:LKY) team has been on the ground at Rice in Houston, Texas, officially kicking off a new phase in their research partnership.

The proposed expansion program would assess multiple antimony feedstocks from direct ore to high-grade concentrates, sourced from the company’s Mojave project, EV Resources and other third-party partners.

Senior meetings with Rice’s research leadership, including Professor Pulickel Ajayan, have laid the groundwork for a deeper technical program designed to strengthen US antimony processing independence and tap into a domestic market worth more than $1.5bn.

Together, they’ll be working on two big fronts – pushing DeepSolv forward as a solution for extracting and refining antimony and testing how antimony can be used in advanced energy storage.

With ore sourced from Mojave and EV Resources, and even more industry players now knocking on the door, Locksley is exploring ways to fast-track the program.

The company sees Rice as central to its US growth story, bringing world-class expertise into play as it looks to secure a role in America’s antimony and rare earths supply chain.

Milestone in advancing mine-to-market strategy

LKY chairman Patrick Burke said the visit mark an important milestone in Locksley’s mine-to-market strategy to onshore the supply of antimony and rare earths into the US.

“By formally commencing our collaboration with Rice University and incorporating additional ore supply secured through our agreement with EV Resources, we have laid the foundation for a practical and accelerated testwork program,” he said.

“These initiatives position Locksley at the centre of developing a secure domestic supply chain, aligned with US government priorities.”

Locksley recently added 249 additional claims adjacent to its Mojave antimony and rare earths project over in California where recent exploration developments include a newly identified shaft exceeding 14m in depth.

The company’s supply deal with EV Resources involves securing antimony to feed into its DeepSolv processing solution for the critical mineral.

That also included a $1m investment from Locksley backer and strategic advisor Tribeca Capital, part of one of the market’s most renowned resources instos.

This article was developed in collaboration with Locksley Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.