Locksley Resources Limited (ASX: LKY) has appointed Kerrie Matthews as its new Managing Director and Chief Executive Officer, effective from October 29, 2025. This decision underscores the Board’s confidence in Matthews’ leadership capabilities and her successful execution of the company’s U.S. mine-to-metal strategy.
Under Matthews’ guidance, Locksley Resources achieved a significant milestone by producing the first U.S.-made antimony ingot in decades. This accomplishment validates the company’s efforts to establish a fully domestic supply chain for critical minerals. The promotion aligns with Locksley’s immediate commercial priorities, including advancing pilot-scale production, securing non-dilutive government funding, and developing vital offtake agreements.
Leadership Transition and Strategic Focus
The Board recognizes Matthews’ proven track record and contributions to the company’s strategic growth. Patrick Burke, Chairman of Locksley, stated, “Since joining the Company as Chief Executive Officer, Ms. Matthews has delivered tangible milestones that de-risk our U.S. strategy and set Locksley up for commercial engagement.” He added that her elevation to Managing Director aligns the leadership structure with the company’s clear near-term goals.
In conjunction with this leadership change, Steve Woodham has resigned from his position as Director to pursue other business interests. The Board expressed its gratitude for Woodham’s pivotal role during the company’s early strategic progress.
Kerrie Matthews expressed her enthusiasm for her new role, stating, “I’m honoured to step into the role of Managing Director at such an exciting time for Locksley.” She highlighted the ongoing transformation of the U.S. antimony market, driven by government funding, defense stockpiling, and rising private sector demand. Matthews emphasized the significant progress at the Mojave Project, where partnerships with organizations like Hazen Research, GreenMet, and Rice University position Locksley at the forefront of this change.
About Locksley Resources and Future Prospects
Locksley Resources Limited is an ASX-listed explorer focused on critical minerals in the United States. The company is advancing exploration at its key asset, the Mojave Project in California, which targets rare earth elements and antimony. The Mojave Project encompasses over 250 claims and is strategically located near significant mineral deposits.
Despite the absence of domestic antimony production in the U.S., demand remains robust due to its critical role in defense systems, semiconductors, and metal alloys. The Mojave Project’s Desert Antimony Mine, which last operated in 1937, represents one of the highest-grade antimony occurrences known in the U.S.
As geopolitical pressures drive the need for supply chain diversification away from China, Locksley is well-positioned to contribute to U.S. strategic objectives regarding critical minerals and economic security. The upcoming maiden drilling program at the Mojave Project is expected to further enhance the company’s standing in the market.
Locksley Resources also holds the Tottenham Project in New South Wales, Australia, which focuses on copper-gold mineralization in a well-established mining region. The company is committed to generating shareholder value through strategic exploration and partnerships while securing access to U.S.-aligned funding and collaborations.
With Kerrie Matthews at the helm, Locksley Resources is poised to accelerate its growth and play a critical role in reshaping the U.S. supply chain for essential minerals.
