Anfield Energy Announces November 6th Ground-Breaking Ceremony for Velvet-Wood Uranium-Vanadium Mine, Advancing U.S. Energy Independence

Anfield Energy Inc. has achieved a critical regulatory milestone with approval from Utah's Department of Oil, Gas & Mining to proceed with construction of the Velvet-Wood uranium-vanadium mine. This approval represents a significant step forward in the company's development timeline and underscores the project's viability within Utah's established uranium mining jurisdiction.

The scheduled November 6th ground-breaking ceremony marks the formal commencement of mine construction activities, transitioning the project from the permitting phase into active development. This milestone positions Anfield to contribute meaningfully to domestic uranium supply chains at a time when U.S. energy security and critical mineral independence have become strategic priorities.

The Velvet-Wood project's dual commodity focus on uranium and vanadium adds strategic value, as vanadium demand continues growing for energy storage applications while uranium remains essential for nuclear power generation. The project's location in Utah places it within one of America's most established uranium mining regions, providing access to existing infrastructure and experienced workforce.

This development comes at a pivotal time for the U.S. uranium sector, as the federal government increasingly emphasizes domestic critical mineral production and reduced dependence on foreign uranium supplies. Anfield's progress toward production represents a concrete step toward strengthening American energy independence and supporting the nuclear power industry's expansion.