Material for statue of Lioness Lucy? (6)

I believe the answer is:

bronze

I'm a little stuck... Click here to teach me more about this clue!

'material for statue' is the definition.
'bronze' can be an answer for 'statue' (thesaurus). I am unsure of the 'material for' bit.

I don't understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for bronze that I've seen before include "Copper and tin alloy - sculpture" , "Third prize" , "Popular alloy for sculptures" , "Third place - alloy" , "Third place medal" .)

I've seen this clue in The Mirror.

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