Washington approves launch of uranium and vanadium mine in Utah

The U.S. Department of the Interior has approved the Velvet-Wood site, the first mining project to benefit from an expedited environmental procedure aimed at strengthening national mineral security.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The federal government of the United States has approved the opening of the Velvet-Wood mine in San Juan County, Utah. The project, led by Canadian company Anfield Energy Inc., focuses on the extraction of uranium and vanadium. It is the first permit granted under a new 14-day expedited environmental review procedure introduced in the context of the national energy emergency declared by President Donald J. Trump.

A response to strategic dependency

According to the Bureau of Land Management (BLM), which conducted the final environmental assessment, the operations will result in only three acres of surface disturbance. The main activity will take place underground, relying on previously identified deposits at the Velvet site and the nearby Wood deposit. The stated goal is to reactivate historic infrastructure while minimising land impact.

The United States heavily depends on imports for these two strategic minerals. In 2023, 99% of the uranium used by U.S. civilian nuclear power plants came from abroad, notably Russia, Kazakhstan, and Uzbekistan. In 2024, nearly half of the vanadium consumed in the U.S. was imported, mainly from China, Russia, South Africa, and Brazil.

Critical industrial and military uses

Uranium is essential for electricity production in nuclear power plants, medical applications, and propulsion of U.S. Navy submarines and aircraft carriers. Vanadium, for its part, is used to strengthen steel and is found in titanium alloys used in both commercial and military aviation.

Doug Burgum, U.S. Secretary of the Interior, stated that this approval marks “a turning point in how we secure America’s mineral future.” The Department noted that the procedure aims to reduce dependence on foreign powers by accelerating critical mineral projects.

Additional infrastructure planned

Anfield Energy also plans to restart the Shootaring Canyon uranium mill, located south of Hanksville, in the same state. This facility, one of only three licensed uranium concentrate mills in the United States, would produce uranium concentrate directly from the extracted ore, thus reducing the need to import processed material.

The Bureau of Land Management oversees the extraction of mineral resources on federally managed public lands, including strategic minerals used in data centres and defence applications. The agency issues permits, monitors land use, and manages the environmental processes associated with traditional and critical mining operations.

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.
The SATURNE Industrial Chair aims to develop innovative uranium extraction methods, with joint funding from Orano and the National Research Agency over a four-year period.
US-based X-energy has signed a reservation agreement with South Korea's Doosan Enerbility to secure key components for its small modular nuclear reactors.
Samsung Heavy Industries has received Approval in Principle for a floating nuclear plant featuring two SMART100 reactors, marking a step toward the commercialisation of offshore small modular reactors.
The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
Samsung C&T strengthens its presence in modular nuclear energy in Europe by signing an agreement with Synthos Green Energy to develop up to 24 SMRs in Poland and several Central European countries.
Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.
Electricité de France's Flamanville 3 reactor has reached full power for the first time, marking a key industrial milestone in the deployment of EPRs in Europe, despite cost overruns reaching EUR23.7bn ($25.7bn).
GE Vernova Hitachi’s BWRX-300 small modular reactor has passed a key regulatory hurdle in the United Kingdom, opening the door to potential commercial deployment, despite no current plans for construction.
Molten salt reactor developer Natura Resources has acquired Shepherd Power and partnered with NOV to scale up modular reactor manufacturing by the next decade.
China National Nuclear Corporation expects commercial operation in 2026 for its ACP100 reactor, following successful cold testing and completion of critical structures in 2025.
Start-up SEATOM has been selected to join NATO's DIANA programme with its micro nuclear reactor designed for extreme environments, reinforcing its position in dual-use marine and military energy technologies.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.