Associated Estates announces groundbreaking ceremony for mine in Utah

Anfield Energy announced plans for a ceremonial groundbreaking on November 6, 2025, at its Velvet-Wood uranium-vanadium mine in San Juan County, Utah. This event will signal the official launch of construction activities. “November 6th will be more than a groundbreaking-it’s a bold declaration of Anfield’s readiness to help fuel the American nuclear renaissance,” said Corey Dias, CEO of Anfield. “Building on the Trump Administration’s visionary Executive Orders-from reinvigorating the nuclear fuel cycle to expanding the workforce-Velvet-Wood positions us to supply uranium for clean energy, medical isotopes, and naval propulsion, while vanadium strengthens infrastructure and aerospace. With uranium consumption at 50 million pounds annually and domestic output under 1%, projects like ours are essential to energy dominance. We invite our stakeholders, partners, and the San Juan County community to join us in this historic moment.”