Anfield Energy's Hub-And-Spoke Value Rises to $606 Million with Release of Updated PEA
The study projects a 106% pre-tax internal rate of return and US$606 million net present value, with payback expected in 1.3 years.
- On Monday, Anfield Energy Inc. released an updated preliminary economic assessment for its Utah-based Velvet-Wood and Colorado-based Slick Rock uranium and vanadium projects, reporting a 106% pre-tax internal rate of return.
- The assessment centers on using the Shootaring Canyon Mill as a centralized processing facility for Velvet-Wood, Slick Rock, and the West Slope Mines, all located within the Uravan Mineral Belt in Colorado and Utah.
- Based on $100 per pound uranium and $9 per pound vanadium, the project yields a $606 million pre-tax net present value with an expected 1.3-year capital expenditure payback period.
- Anfield CEO Corey Dias stated the assessment provides "strong further evidence of the true value" of combining these assets into the company's uranium and vanadium hub-and-spoke production model.
- The company will publish the full technical report on SEDAR+ within 45 days, though project results remain subject to risks regarding operational and economic projections being realized.
11 Articles
11 Articles
Montreal Gazette
Anfield Energy Demonstrates the Economic Viability of its Hub-And-Spoke Uranium and Vanadium Production Strategy Via Its Updated Preliminary Economic Assessment
Highlights include: The updated PEA indicates a pre-tax project internal rate of return (“IRR”) of 106% and a net present value (“NPV”) of US$606 million (with a post-tax IRR of 97% and NPV of $533 million), based on a discount rate of 8% and a uranium price of US$100 per pound, along with a vanadium price of US$9 per pound, with an expected mine and mill capex payback period of 1.3 years. Average annual production of approximately 1.3 million …
Anfield Energy's Hub-And-Spoke Value Rises to $606 Million with Release of Updated PEA
Highlights include: The updated PEA indicates a pre-tax project internal rate of return (“IRR”) of 106% and a net present value (“NPV”) of US$606 million (with a post-tax IRR of 97% and NPV of $533 million), based on a discount rate of 8% and a uranium price of US$100 per pound, along with a vanadium price of US$9 per pound, with an expected mine and mill capex payback period of 1.3 years. Average annual production of approximately 1.3 million …
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