Anfield Energy Announces a Key Milestone in Equipment Procurement, Advancing the Company Towards Hub-and-Spoke Production

Anfield Energy Inc. has achieved a significant operational milestone with the delivery of its first custom-built underground haul truck from Young's Machine Company, a Utah-based manufacturer with over 70 years of mining equipment experience. This delivery represents the initial fulfillment of a 2025 equipment order and marks a crucial step in Anfield's progression toward production at its uranium-vanadium operations across the American West.

The equipment procurement strategy supports Anfield's hub-and-spoke production model, with the new truck initially deployed at the Velvet-Wood uranium-vanadium mine in southeastern Utah before eventual relocation to Colorado operations. The company has also secured additional underground loaders from Young's to support initial development and production across its Velvet-Wood, JD-8, and Slick Rock projects. This comprehensive equipment package positions Anfield to advance multiple mining operations simultaneously under its integrated production approach.

The partnership with Young's Machine Company, a third-generation family business based in Utah's historic uranium mining region, reinforces Anfield's commitment to domestic supply chain development and American uranium production. This strategic alignment comes at a time of renewed focus on U.S. energy independence and domestic critical mineral production, positioning Anfield to capitalize on favorable policy tailwinds in the nuclear fuel sector.

Anfield's multi-exchange listing (NASDAQ, TSXV, Frankfurt) and active hiring initiatives signal the company's preparation for scaled operations across its Western U.S. uranium and vanadium portfolio. The successful equipment delivery and expanded partnership with Young's demonstrates operational momentum as the company transitions from development to production readiness in the strategically important uranium sector.