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:

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.

London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.
The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.
Lithuania establishes a working group tasked with assessing the feasibility of modular nuclear reactors to meet electricity demand estimated at 74 TWh by 2050.