15
Jun
12:26
Locksley Resources to acquire California rare earth project
Australia-based Locksley Resources says it is acquiring a highly prospective rare earth elements exploration project in Southern California and an immediate exploration programme is planned, Kallanish reports.
The Mojave project is next to Mountain Pass, the largest and only operating rare earth mine in the United States. It is owned and run by MP Materials and produces 15% of global REEs.
Locksley can acquire up to 100% of the issued capital of California-based …
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