Anfield Energy (AEC) Gained Almost 7% This Week. Here is Why.

Core Insights - Anfield Energy Inc. (NASDAQ:AEC) experienced a share price increase of 6.96% from October 3 to October 10, 2025, making it one of the top-performing energy stocks during that week [1][2]. Company Overview - Anfield Energy Inc. is involved in the exploration, evaluation, development, and production of mineral properties in the United States, focusing primarily on vanadium, uranium, and gold deposits [3]. Recent Developments - The company received approval from the Utah Department of Oil, Gas, and Mining to commence construction on its Velvet-Wood uranium project, which had previously obtained an environmental permit from the U.S. Department of Interior as part of a response to an energy emergency declared by President Trump [4]. - CEO Corey Dias expressed satisfaction with the approval, indicating that this milestone allows Anfield to advance the Velvet-Wood mine towards construction and production, highlighting its past production status and small environmental footprint as advantageous for near-term production [4].