🔍 Positioned at the heart of America’s critical minerals strategy

Locksley Resources Limited is pleased to announce the receipt of a Letter of Interest (“LOI”) from the Export-Import Bank of the United States (“EXIM”), outlining the intent to provide up to US$191M in potential project financing support for the Company’s Mojave Project in California.

📌 Why It Matters:

EXIM, a wholly owned independent agency of the U.S Government, operates under a Congressional mandate to promote American economic and national security interests through project and export financing. Its recent Supply Chain Resiliency Initiative (SCRI) and China and Transformational Exports Program (CTEP) prioritise funding for critical mineral projects that reduce foreign supply dependence and rebuild U.S industrial capability.

The LOI represents a cornerstone step in Locksley’s engagement with U.S federal agencies and paves the way for detailed due diligence and underwriting to advance a comprehensive financing package for the Mojave Project.

In light of the recent November 2025 U.S.–China trade agreement whereby China has suspended new rare-earth/critical minerals export controls, and the U.S. has publicly reaffirmed its support for Western based critical mineral supply chains, the Mojave Antimony Project is uniquely positioned to deliver a low risk, U.S. hosted, anti-dependent on China supply solution. This alignment strengthens the strategic case for consideration by Export-Import Bank of the United States (EXIM) under its supply chain resilience and critical-minerals mandates.

📌 Investor Highlights:

• The U.S Export-Import Bank has issued a Letter of Interest (LOI) indicating the potential for financing support of up to US$191 million for Locksley’s Mojave Project in California
  
  
• EXIM is the official export-credit agency of the U.S Government, tasked with strengthening domestic industrial resilience and reducing foreign supply dependence in strategic sectors
  
  
• The potential EXIM financing is a cornerstone first step in a broader U.S. government funding pathway, opening access to programs under the Defense Production Act Title III and Department of War (DOW)
  
  
• The engagement reinforces Locksley’s strategy to establish a 100% American made antimony and REE supply chain, following the successful production of the Company’s U.S. antimony ingot
  
  
• Locksley executives will attend key meetings in Washington D.C. in mid November, to advance discussions on the Company’s U.S. mine-to-market collaboration
  
  

👉 View the full announcement here.