Anfield Energy (TSE:AEC) has released an update.
Anfield Energy is gearing up to restart uranium production at the Shootaring Canyon mill with a plan submitted to Utah’s Department of Environmental Quality, proposing to increase its production capacity threefold. The mill’s upgrade will see a throughput capacity hike from 750 to 1,000 tons per day and an annual uranium production jump from 1 million to 3 million pounds, aiming to meet the rising uranium demand by 2026. Anfield’s strategic asset development over the past decade, coupled with favorable market conditions, makes it a key player in North America’s uranium production landscape.
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