Locksley strengthens U.S. defense supply chain strategy with appointment of Lockheed Martin materials leader

Jane Morgan Management

Locksley Resources Limited (ASX: LKY, OTCQX: LKYRF, FSE: X5L) has strengthened its U.S. critical minerals and defense supply chain strategy with the appointment of Lockheed Martin materials specialist Ms Stacy Newstead as a Strategic Advisor – Materials Strategy to the Locksley Advisory Board.

Ms Newstead is currently Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and allied sources of critical materials used in advanced U.S. defense systems. Her role focuses on identifying and mitigating material, pricing and geopolitical risks across complex supply chains supporting technologies such as munitions, batteries and aerospace systems.

With more than 20 years’ experience spanning U.S. government, defense, critical minerals and advanced materials, Ms Newstead brings deep expertise in Department of Defense acquisition, system manufacturing and production, materials engineering, supply chain risk mitigation, critical component supply chains, and state and federal engagement for manufacturing facilities. Her previous senior positions include roles at Huntington Ingalls Industries and Textron Systems, and as Chief Executive Officer of the U.S. subsidiary of Evolution Energy Minerals (ASX: EV1), where she led onshoring initiatives for graphite and advanced battery materials.

The appointment further positions Locksley at the intersection of critical minerals, defense readiness and U.S. national security priorities. It is expected to materially enhance the Company’s engagement with U.S. industry and government stakeholders and support its access to Federal programs that advance domestic critical mineral supply chains.

Locksley is progressing a mine-to-market strategy for American-sourced antimony and rare earths, including a U.S. Government White Paper funding request lodged under the Defense Production Act Title III (DPA) to accelerate project financing and establish early-mover status in re-building a domestic antimony industry and supply chain.

Kerrie Matthews, Locksley CEO commented: “Stacy’s appointment represents another significant step in strengthening our U.S. advisory capability. Her deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of American sourced antimony and rare earths.” “Her perspective on material security and risk will help guide our engagement with U.S. industry and government stakeholders as we scale from pilot to commercial operations.” 

Ms Newstead commented: “The restoration of secure, transparent and domestic critical mineral supply chains is essential to both U.S. defense readiness and the broader energy transition. Locksley’s integrated mine-to-market model and U.S. operational footprint, position it as a key contributor to these national objectives. I’m honored to support the team’s strategy and growth trajectory.”

About Locksley Resources Limited

Locksley Resources Limited is focused on critical minerals in the United States of America. The Company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at re-establishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This integrated approach combines resource development with innovative processing and separation technologies, positioning Locksley to play a key role in advancing U.S. critical minerals independence.

Kerrie Matthews – Chief Executive Officer

T: +61 8 9481 0389 | E: [email protected]

Jane Morgan – Investor & Media Relations

T: +61 (0) 405 555 618 | E: [email protected]