Anfield Energy targets Nov 2026 Velvet-Wood discharge

ANFIELD ENERGY INC. advances its Velvet-Wood project toward active dewatering after Utah grants Concept Approval for the water treatment plan.

Rhea-AI Filing Summary

ANFIELD ENERGY INC. (AEC) reports operational progress at its Velvet-Wood uranium and vanadium project in Utah. The company received Concept Approval from the Utah Division of Water Quality for its water treatment plan and has submitted a request to reactivate the permitted wastewater discharge Outfall.

Subject to final Division approval and permit compliance, Anfield is targeting the start of treated-water discharge around November 7, 2026, which would allow active dewatering of the historic underground workings. Anfield expects the decline to dewater within about one month of pumping and the existing underground workings within roughly two to three months, advancing Velvet-Wood as a potential near-term feed source for its Shootaring Canyon Mill hub-and-spoke platform.

Positive

• Regulatory and operational progress at Velvet-Wood: Utah’s Concept Approval of the water treatment plan and the request to reactivate the discharge Outfall establish a defined timeline toward active dewatering, supporting Velvet-Wood’s role as a near-term contributor to Anfield’s Shootaring-centered hub-and-spoke platform.

Negative

• None.

Key Figures

Target start of treated-water discharge: Second week of November 2026 (as early as November 7, 2026) Expected decline dewatering duration: Approximately 1 month Expected underground workings dewatering duration: Roughly 2–3 months +4 more

7 metrics

Target start of treated-water discharge Second week of November 2026 (as early as November 7, 2026) Planned commencement of treated discharge at Velvet-Wood, subject to approval

Expected decline dewatering duration Approximately 1 month Time to dewater remaining portion of the Velvet-Wood decline after pumping starts

Expected underground workings dewatering duration Roughly 2–3 months Time estimated to dewater existing Velvet-Wood underground workings

First recent underground blast date August 27, 2026 First underground blast at Velvet-Wood in nearly 40 years

Decline rehabilitation length 700 feet Portion of the Velvet-Wood decline reported as rehabilitated

Last production year at Velvet-Wood 1984 Year Velvet-Wood last produced uranium and vanadium

Annual U.S. uranium consumption Nearly 50 million pounds U.S. demand context cited for Anfield’s U.S.-based assets

Key Terms

Concept Approval, Outfall, UPDES Permit, hub-and-spoke strategy, +1 more

5 terms

Concept Approval regulatory

"two important milestones at its Velvet-Wood uranium and vanadium project in Utah: Concept Approval from the Utah Division of Water Quality"

Outfall technical

"request to reactivate Outfall – the primary or initial designated point of discharge from which a facility releases treated wastewater"

UPDES Permit regulatory

"reactivate Outfall ... under the mine’s active UPDES Permit"

hub-and-spoke strategy financial

"a central step in Anfield’s hub-and-spoke strategy, which centers on the fully permitted Shootaring Canyon Mill"

Shootaring Canyon Mill technical

"centers on the fully permitted Shootaring Canyon Mill in Utah — one of only three licensed, permitted, and constructed conventional uranium mills"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ANFIELD ENERGY INC. (AEC) announce regarding the Velvet-Wood project?

Anfield announced Concept Approval from the Utah Division of Water Quality for Velvet-Wood’s water treatment plan and submission of a request to reactivate the project’s wastewater discharge Outfall under its active UPDES Permit, moving the project toward active dewatering of historic underground workings.

When does AEC expect treated-water discharge to begin at Velvet-Wood?

Anfield is targeting the start of treated-water discharge in the second week of November 2026, as early as November 7, subject to final Utah Division of Water Quality approval and confirmation that treated water meets permit limits.

How long will dewatering Velvet-Wood’s underground workings take according to AEC?

Once discharge begins, Anfield expects about one month to dewater the remaining portion of the decline and roughly two to three months to dewater the existing underground workings at Velvet-Wood, assuming continuous active pumping.

How does Velvet-Wood fit into AEC’s hub-and-spoke strategy?

Velvet-Wood is an advanced uranium and vanadium project intended as a near-term contributor of feed to Anfield’s fully permitted Shootaring Canyon Mill in Utah, which is central to the company’s hub-and-spoke strategy for its U.S.-based uranium and vanadium assets.

What is the historical production background of Velvet-Wood mentioned by AEC?

Velvet-Wood last produced uranium and vanadium in 1984. Anfield recently reported the first underground blast in nearly 40 years and rehabilitation of the first 700 feet of the decline as it works to return the underground workings to a dry, workable condition.

What broader market context for uranium demand does AEC highlight?

Anfield notes that the United States consumes nearly 50 million pounds of uranium annually while producing only a small fraction domestically, positioning its U.S.-based uranium and vanadium assets as potential suppliers to growing U.S. nuclear fuel needs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 08:03 AM Accepted by SEC EDGAR 09/10/2026 - 08:02 AM Learn about SEC filing dates

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-42808

Anfield Energy Inc.
(Translation of registrant's name into English)

2005-4390 Grange Street, Burnaby, British Columbia, Canada, V5H 1P6
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Anfield Energy Inc.
		(Registrant)
Date: September 10, 2026		/s/ Corey Dias
		Corey Dias
		Chief Executive Officer

EXHIBIT INDEX

Exhibit Number		Description
99.1		Press Release dated September 10, 2026

EXHIBIT 99.1

Anfield Advances Velvet-Wood Toward Active Dewatering with Utah Concept Approval and Outfall Reactivation Request

VANCOUVER, British Columbia, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (“Anfield” or the “Company”) (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) today announced two important milestones at its Velvet-Wood uranium and vanadium project in Utah: Concept Approval from the Utah Division of Water Quality (“Division”) for the project’s water treatment plan, and submission of a formal request to reactivate Outfall – the primary or initial designated point of discharge from which a facility releases treated wastewater – under the mine’s active UPDES Permit. Subject to Division approval and confirmation that treated water meets permit limits, Anfield is targeting commencement of treated-water discharge in the second week of November, clearing the path to active dewatering of the historic underground workings.

These steps follow the Company’s August 27^th announcement of the first underground blast at Velvet-Wood in nearly 40 years and rehabilitation of the first 700 feet of the decline. Construction of the water treatment plant and installation of the dewatering pump have continued in parallel. Once discharge begins, Anfield expects the remaining portion of the decline to dewater within approximately the first month of active pumping, with roughly two to three months required to dewater the existing underground workings.

Velvet-Wood last produced uranium and vanadium in 1984. Bringing the historic underground workings back into a dry, workable condition is a central step in Anfield’s hub-and-spoke strategy, which centers on the fully permitted Shootaring Canyon Mill in Utah — one of only three licensed, permitted, and constructed conventional uranium mills in the United States.

Corey Dias, CEO of Anfield, commented: “We are moving Velvet-Wood from restart milestones into an executable dewatering timeline. Utah’s Concept Approval of our water treatment plan, together with our request to reactivate Outfall, puts us on track to begin treated discharge as early as November 7, subject to final Division approval and permit compliance. Combined with the first underground blast in nearly four decades and ongoing decline rehabilitation, Velvet-Wood is advancing as a real near-term contributor to our Shootaring-centered hub-and-spoke platform.”

About Anfield

Anfield Energy is a uranium and vanadium development and near-term production company committed to becoming a significant supplier of energy-related fuels through sustainable, efficient growth of its U.S.-based assets. The Company’s flagship asset is the Shootaring Canyon Mill in Utah, one of only three licensed, permitted, and constructed conventional uranium mills in the country. Anfield’s portfolio includes the advanced Velvet-Wood project (Utah) and other conventional uranium-vanadium assets in Utah, Colorado, Arizona, and New Mexico. All of Anfield’s assets are located in the United States, positioning the Company to help meet America’s growing nuclear fuel needs. The U.S. consumes nearly 50 million pounds of uranium annually yet produces only a small fraction domestically.

On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer

Contact:
Anfield Energy, Inc.
Corporate Communications
604-669-5762
contact@anfieldenergy.com
www.anfieldenergy.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved” (including negative variations). Forward-looking statements in this release include, but are not limited to, statements regarding the completion of construction of the Velvet-Wood water treatment plan and installation of the dewatering pump; the commencement of treated water discharge; the expected timeframe for dewatering; and statements regarding ongoing rehabilitation work at Velvet-Wood. Forward-looking statements are based on the Company’s current beliefs and assumptions as to the outcome and timing of future events, including, but not limited to, that the anticipated timing for completion of construction of the Velvet-Wood water treatment plant and installation of the dewatering pump will be consistent with the Company’s current expectations. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among other things: the risks and uncertainties relating to exploration and development; the availability of third-party contractors retained by the Company in connection with rehabilitation and construction; the need to comply with environmental and governmental regulations in Canada and the United States; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties and other such factors as are set forth in the Base Shelf Prospectuses and the Prospectus Supplements (including the documents incorporated by reference therein), as well as the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Filing Exhibits & Attachments

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Press Releases

• EX-99.1 PRESS RELEASE 8.1 KB