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U.S. Department of the Interior Greenlights Anfield's Velvet-Wood Uranium-Vanadium Mine
In a first step towards implementing the Trump Administration’s stated policy to reinvigor...
About this update from Anfield Energy Inc
[{"type":"text","content":"U.S. Department of the Interior Greenlights Anfield’s Velvet-Wood Uranium-Vanadium Mine\n\n\n\n\n In a first step towards implementing the Trump Administration’s stated policy to reinvigorate the U.S. nuclear industrial base, the Velvet-Wood mine becomes the first uranium project to be approved by the U.S. government under President Trump’s emergency declaration to restore American energy independence\n \n\n The Department of the Interior completed environmental permitting within 14 days, marking a decisive shift in federal support for domestic nuclear fuel supply\n \n\n Anfield’s integrated hub-and-spoke production strategy, underpinned by its Shootaring Canyon uranium mill, positions the Company as a near-term contributor to U.S. energy security\n \n\n\n\n\n VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that the U.S. Department of the Interior (“DOI”) has approved the Company’s Velvet-Wood uranium project in San Juan County, Utah. Velvet-Wood was previously selected as part of the federal government’s national response to the energy emergency declared by President Donald J. Trump.\n \n\n Velvet-Wood was the first uranium project to be prioritized under newly established emergency procedures that accelerate the environmental review process for critical energy infrastructure. The Bureau of Land Management (“BLM”) completed its review of the project in less than 14 days.\n \n\n In announcing the Velvet-Wood approval, U.S. Secretary of the Interior Doug Burgum stated:\n \n\n\n “This approval marks a turning point in how we secure America’s mineral future. By streamlining the review process for critical mineral projects like Velvet-Wood, we’re reducing dependence on foreign adversaries and ensuring our military, medical and energy sectors have the resources they need to thrive. This is mineral security in action.”\n \n\n\n On the same day that the DOI announced the Velvet-Wood mine approval, President Trump signed a number of nuclear energy-related Executive Orders outlining policies that will reinvigorate the nuclear industrial base, including “Reinvigorati...