Australia's Locksley Resources rises on $191 million potential EXIM backing

Locksley Resources

03/11/2025 24:13

** Shares of Australia's Locksley Resources LKY.AX rise as much as 24.6% to A$0.430, their strongest session since October 15

** Stock at its highest point since October 27

** The diversified miner says it has been issued a letter of interest by the U.S. Export-Import Bank, indicating the potential for financing support of up to $191 million for co's Mojave project in California

** YTD, stock has gained 2311.8%, including the session's climb

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))