Anfield Energy Receives First Custom Underground Haul Truck, Advancing U.S. Uranium Production

Event summary

  • Anfield Energy received the first custom-built underground haul truck from Young’s Machine Company on June 15, 2026.
  • The truck will initially operate at the Velvet-Wood mine in Utah before being relocated to Colorado mines later in the year.
  • Anfield has also agreed with Young’s to supply underground loaders for operations at Velvet-Wood, JD-8, and Slick Rock.
  • Young’s Machine Company is a third-generation, family-owned manufacturer based in Monticello, Utah.

The big picture

Anfield Energy’s procurement milestone underscores its commitment to building a robust American supply chain for domestic uranium production. This strategic move aligns with broader industry trends toward energy independence and highlights the growing importance of localized manufacturing in the mining sector. The partnership with Young’s Machine Company reinforces Anfield’s focus on leveraging domestic expertise to support its hub-and-spoke production model.

What we're watching

Supply Chain Execution
Whether Anfield can sustain the pace of equipment deliveries to meet its production targets.
Market Dynamics
How the advancement of hub-and-spoke production will impact Anfield’s competitive positioning in the U.S. uranium market.
Regulatory Compliance
The potential regulatory hurdles Anfield may face as it expands operations across multiple U.S. states.

Related topics

Mining