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Locksley Resources (ASX:LKY), an explorer with US rare earths projects, attracted interest from Phoenix Growth Fund. In August 2025, Phoenix reported Locksley worked up new rare earths targets right next to MP Materials' Mountain Pass mine in California, the only operating rare earths mine in the US, highlighting the strategic location of its Mojave project. Locksley Resources operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Phoenix Growth Fund. Headquartered in Perth, Locksley Resources explores for rare earths and antimony at its Mojave project in California, adjacent to Mountain Pass, and for copper and gold in the Lachlan Fold Belt of New South Wales, positioning it to benefit from US efforts to build domestic critical minerals supply chains.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Phoenix Growth Fund have invested in Locksley Resources Ltd (ASX:LKY).
Phoenix highlights new rare earths targets next to MP Materials' Mountain Pass mine, a strategic location as the US builds domestic critical minerals supply.
The available commentary does not detail specific risks, though Locksley is an early-stage explorer dependent on drilling success and funding.
Locksley Resources Ltd. is an exploration company focused on identifying, exploring, and developing copper and gold deposits in the Lachlan Fold Belt of New South Wales, Australia. Founded on October 29, 2018, the company is headquartered in Perth, Australia.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.