Anfield seeks approval to restart Colorado uranium and vanadium mine

Nov 19 (Reuters) - Anfield Energy AEC.V said on Wednesday it has applied for state approval to restart its past-producing JD-8 uranium and vanadium mine in Colorado, positioning the company to restart production in the second half of 2026.

The JD-8 uranium and vanadium project has been inactive due to poor market conditions, which made production uneconomic.

The application by the Burnaby, Canada-based company comes as the Trump administration intensifies efforts to bolster U.S. energy security by cutting reliance on imported uranium and revitalising the nuclear sector.

Federal support for restarting reactors and accelerating permits for new uranium projects has increased amid rising power demand linked to AI-related data centres and other infrastructure.

"This permitting milestone for JD-8 is a pivotal step in Anfield's strategy to help restore U.S. uranium production capacity," said Corey Dias, CEO of Anfield.

"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."

The high-grade site is backed by the Shootaring Canyon Mill, one of only three licensed conventional uranium mills in the U.S.

In May, the Trump administration approved Anfield's proposed Velvet-Wood uranium mine project in Utah, after a rapid 14-day environmental review as part of a new process to fast-track permitting of energy and mining projects.

On Tuesday, the Trump administration said it had lent Constellation Energy CEG.O $1 billion to restart its nuclear reactor at a Pennsylvania plant formerly known as Three Mile Island, the site of the most serious commercial nuclear power accident in U.S. history in 1979.