Corey Dias, CEO of Anfield Energy, talks about a positive outlook for uranium and the company’s licensed and permitted, Shootaring Canyon Mill.
“Anfield is a uranium company with all of its assets in the U.S., specifically in Utah Wyoming and Arizona. We are a near-term producer, we have our 43-101 compliant resources, about 8 million pounds. We did acquire 24 projects which have some historic resource on those. Our plan is to convert those historic resources in the coming months. We own Shootaring Canyon Mill, one of only three licensed, permitted and constructed mills in the US and we have a resin processing agreement in place with the fourth largest uranium producer in the world, Uranium One whereby we can process up to 1/2 million pounds per year from its existing processing plant. If you look at the U.S., 20% of the U.S. is powered by nuclear and uranium is the power source for nuclear power. So this is something that actually powers people’s homes, powers buildings, powers a number of commercial interests so, very important. The U.S. consumes probably about 50 to 55 million pounds per year, it’s the largest consumer in the world. The outlook for uranium is quite positive. I think globally you’ll see a significant increase in the number of reactors being installed and I think that presents an opportunity for companies like Anfield to participate in the up side of the market.” – Corey Dias, CEO of Anfield Energy
Anfield is a uranium and vanadium development and near-term production company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (AEC-V), the OTCQB Marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD).
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