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Anfield Energy Provides Operational Update on Shootaring Canyon Uranium Mill License Renewal and Refurbishment

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Executive Summary

Anfield Energy has provided an operational update on its Shootaring Canyon Uranium Mill restart project, highlighting progress across multiple fronts including license renewal and facility refurbishment activities. The company is actively working through the regulatory process while simultaneously conducting necessary infrastructure improvements to prepare the facility for resumed operations.

The Shootaring Canyon mill represents a significant uranium processing asset that Anfield is positioning for restart amid strengthening uranium market fundamentals. The dual-track approach of pursuing license renewal while conducting refurbishment work demonstrates the company's commitment to bringing the facility back online efficiently and in compliance with current regulatory standards.

With production targeted for 2027, Anfield is positioning itself to capitalize on the anticipated continued strength in uranium markets driven by growing nuclear energy demand and supply constraints. The three-year timeline provides adequate runway for completing all necessary regulatory and operational preparations while aligning with projected market conditions. This development represents an important step in expanding North American uranium processing capacity during a period of heightened focus on domestic nuclear fuel supply chain security.
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