
Project UpdateJun 15, 2026, 07:28 AM
Anfield Energy receives first custom haul truck, secures more loaders
AI Summary
Anfield Energy Inc. announced a key milestone in its equipment procurement program, receiving the first custom-built underground haul truck from Young's Machine Company. This truck is slated for operation at the Velvet-Wood uranium-vanadium mine and will later move to Colorado mines. Additionally, Anfield secured an agreement with Young's for more underground loaders, which will support initial development and production at Velvet-Wood, JD-8, and Slick Rock, marking a significant step towards production and strengthening the domestic uranium supply chain.
Key Highlights
- Anfield Energy received its first custom-built underground haul truck from Young's Machine Company.
- The truck is initially slated for operation at the Velvet-Wood uranium-vanadium mine in southeastern Utah.
- It will later be relocated to Anfield's Colorado mines once larger underground haul trucks are delivered.
- Anfield reached a further agreement with Young's to supply additional underground loaders.
- The new equipment will support initial development and production at Velvet-Wood, JD-8, and Slick Rock mines.
- This delivery marks an integral step forward as Anfield advances toward production.
- The partnership reinforces Anfield's commitment to a robust American supply chain for domestic uranium production.
Price Impact
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