Core Insights - Anfield Energy Inc. has received an affirmative initial completeness determination from the Colorado Division of Reclamation, Mining and Safety for its JD-8 uranium and vanadium mine permitting application, submitted on November 19, 2025, which allows the project to advance to a full substantive review [1][2] - The project is on track for potential approval and mobilization in mid-2026, with a targeted production restart in the second half of 2026 [1][2] Company Developments - CEO Corey Dias emphasized that the positive completeness finding is a critical early de-risking event for the JD-8 project, highlighting strong uranium market fundamentals and increasing domestic nuclear fuel demand [2] - The JD-8 mine is part of Anfield's West Slope project portfolio and is supported by the company's 100%-owned Shootaring Canyon mill, one of only three licensed conventional uranium mills in the U.S. [2] - The restart plan will utilize existing underground workings and historical production records, aligning with Anfield's hub-and-spoke production strategy [2] Economic Considerations - The decision to advance the JD-8 mine's development is based on historical production data and drilling sample analysis, rather than a feasibility study demonstrating economic and technical viability, introducing additional uncertainty regarding the project's economics [3]
Anfield Energy Announces JD-8 Mine Restart Application Passes Initial Completeness Review with Colorado DRMS
Globenewswire·2025-12-22 12:00