Locksley Resources has tightened its grip on the red-hot US$1 billion (A$1.5 billion) antimony market by striking a new deal with fellow ASX-listed EV Resources to lock in a third-party ore supply that will help supercharge Locksley’s cutting-edge DeepSolv processing technology.

The company has signed a non-binding heads of agreement to buy antimony material from EV Resources’ high- grade Los Lirios operations in Mexico. The ore will be used to validate and scale up DeepSolv, a proprietary solvometallurgical process Locksley developed in partnership with the prestigious Rice University in Texas.

Locksley Resources has inked a deal for EV Resources to supply antimony feedstock from its high-grade Los Lirios project in Mexico.

Three weeks ago, Locksley teamed up with Houston’s Rice Univer

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