11:59 AM EST, 11/19/2025 (MT Newswires) -- (Updates shares.)

Anfield Energy ( AEC ) said Wednesday it submitted a comprehensive permitting application to the Colorado Division of Reclamation, Mining and Safety for the restart of the JD-8 uranium-vanadium mine.

The company said it aims to restart the operation in the second half of 2026.

Upon approval, Anfield plans to begin mobilization and mine rehabilitation activities immediately, potentially positioning JD-8 alongside the company's Velvet-Wood mine as one of the first conventional uranium mines to resume production in the United States in over a decade.

"This permitting milestone for JD-8 is a pivotal step in Anfield's strategy to help restore U.S. uranium production capacity," Chief Executive Officer Corey Dias said. "With strong market fundamentals, rising domestic demand, and government support for nuclear energy, JD-8 is poised to deliver high-grade uranium to the American fuel cycle starting in H2 2026."

Anfield shares were last seen up $0.50 to $9.05 on the TSX Venture Exchange.

Price: 9.05, Change: +0.50, Percent Change: +5.85