Anfield Energy PEA pegs Shootaring Canyon mill restart at USD 606 million NPV at 8% discount rate

Reuters2026/07/30 10:18

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Anfield filed a NI 43-101 preliminary economic assessment dated May 4, 2026 for restarting the Shootaring Canyon uranium mill in Utah.
Base case economics: pre-tax IRR 106% with NPV at 8% of USD 606 million; post-tax IRR 97% with NPV at 8% of USD 533 million.
Initial CAPEX estimated at USD 98 million; weighted average OPEX estimated at USD 327 per ton; total cost estimated at USD 370 per ton.
Model uses USD 100 per lb uranium oxide, USD 9 per lb vanadium pentoxide; breakeven at about USD 55 and USD 5.
Mill plan: refurbish to 750 tons/day, ramp to 1,000 tons/day by end of year 3; licensing completion targeted for Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anfield Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035302), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Anfield Energy PEA pegs Shootaring Canyon mill restart at USD 606 million NPV at 8% discount rate

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