Anfield Energy's updated PEA shows 106% pre-tax IRR and $606M NPV for uranium-vanadium project hub.

Anfield Energy released an updated Preliminary Economic Assessment (PEA) for its uranium and vanadium projects in Utah and Colorado, showing a pre-tax internal rate of return (IRR) of 106% and a net present value (NPV) of $606 million at uranium and vanadium prices of $100 and $9 per pound respectively. The projects include Velvet-Wood, Slick Rock, and West Slope mines, with centralized processing at the Shootaring Canyon Mill. The PEA forecasts average annual production of 1.3 million pounds of uranium and 6.4 million pounds of vanadium over 15 years, with a payback period of 1.3 years. Anfield plans to leverage this hub-and-spoke model to integrate additional DOE leases, aiming to expand production capacity and capitalize on growing uranium demand for nuclear energy.