News Detail

Anfield Energy targets 2027 restart of Shootaring Canyon uranium-vanadium mill after updated PEA shows US$606 million NPV

PUBT · 06/25 12:17

Listen to the news

Anfield Energy targets 2027 restart of Shootaring Canyon uranium-vanadium mill after updated PEA shows US$606 million NPV

Anfield Energy targets uranium-vanadium production at Velvet-Wood by end-2026, with Shootaring Canyon Mill restart planned for 2027.
Updated PEA filed June 2026 shows pre-tax IRR 106%, NPV USD 606 million at 8% discount; payback estimated at 1.3 years.
Pre-production capex estimated at about USD 97 million over 12 months; average output projected at 1,300,000 lbs U3O8 yearly over 15 years.
Construction Phase One completed at Velvet-Wood in June 2026; mill groundwater monitoring expanded with eight new wells drilled in May 2026.
Hub-and-spoke plan centers on 1,000 tpd Shootaring, fed by Velvet-Wood, Slick Rock, West Slope mines; includes 250,000 lbs uranium stockpiles.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anfield Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606250817PRIMZONEFULLFEED9752454) on June 25, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.

What's Trending

No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.