Locksley Resources Limited (ASX: LKY) has announced the appointment of Stacy Newstead as a Strategic Advisor on its Advisory Board. This move aims to bolster the company’s supply chain strategy within the U.S. defense sector, particularly in critical minerals and materials used in advanced defense systems. The announcement was made on November 24, 2025, and underscores Locksley’s commitment to enhancing its positioning in the U.S. market.
Stacy Newstead currently serves as the Materials Strategy and Risk Manager at Lockheed Martin. In this role, she oversees efforts to mitigate supply chain risks for essential materials that support U.S. defense manufacturing and national security. Her expertise encompasses over two decades in the defense and critical materials sectors, including leadership positions at Huntington Ingalls Industries, Textron Systems, and Evolution Energy Solutions.
Newstead’s extensive background in the U.S. Department of Defense’s acquisition processes and materials engineering will be vital for Locksley as it navigates the complexities of critical component supply chains. Her appointment is expected to strengthen the company’s ongoing initiatives related to U.S. government engagement and support for domestic antimony and rare earth supply chains. These efforts align with the company’s goals to secure funding and accelerate the re-establishment of the domestic antimony industry.
Kerrie Matthews, CEO of Locksley Resources, expressed enthusiasm regarding Newstead’s appointment, stating, “Stacy’s deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value as we advance our mine-to-market development of American-sourced antimony and rare earths.” Matthews underscored that Newstead’s insights on material security and risk will be crucial for guiding Locksley’s engagement with industry and government stakeholders.
In her own words, Newstead noted, “The restoration of secure, transparent, and domestic critical mineral supply chains is essential to both U.S. defense readiness and the broader energy transition.” She emphasized that Locksley’s integrated mine-to-market model positions the company as an important contributor to national objectives.
Locksley Resources is focused on exploring critical minerals in the United States, particularly through its Mojave Project in California. This project targets rare earth elements and antimony, with over 250 claims situated in a region rich in geological resources. The Mojave Project not only aims to exploit these vital minerals but also to address the pressing need for domestic antimony production, which is currently non-existent despite strong demand driven by its applications in defense systems and advanced technologies.
Additionally, the company is also developing the Tottenham Project in New South Wales, Australia, which focuses on copper-gold mineralization in an established mining region. This dual approach reflects Locksley’s strategy to leverage both U.S. and Australian assets while seeking partnerships and funding aligned with their objectives.
As geopolitical tensions prompt a reevaluation of supply chains, Locksley’s initiatives are timely. The company is not only aiming to enhance its operational capabilities but also to contribute to national security and economic independence through its focus on critical minerals. With the maiden drilling program planned for the Mojave Project, Locksley Resources is positioned to play a significant role in the evolving landscape of U.S. critical mineral supply chains and defense readiness.
