Anfield Energy Inc. (NASDAQ: AEC) announced it received the first custom-built underground haul truck from Young's Machine Company following its 2025 equipment order.

Company representatives visited Young's facility in Monticello, Utah, to receive the truck delivery. The equipment is designated for operation at the Velvet-Wood uranium-vanadium mine in southeastern Utah and will later be moved to the company's Colorado mines once larger underground haul trucks are completed.

"Receiving the first truck off the production line is an important milestone which underscores our strong partnership with a proven local Utah manufacturer and our shared commitment to building a robust American supply chain for domestic uranium production," said Corey Dias, CEO of Anfield.

Anfield has reached an additional agreement with Young's for underground loaders to support mining operations across its projects. The equipment will support initial development and production at Anfield's Velvet-Wood, JD-8, and Slick Rock operations.

Young's Machine Company, a family-owned manufacturer established in 1953, produces custom underground haul trucks and mining equipment from its Utah location. The company has served the Western U.S. mining industry for over 70 years.

Anfield develops uranium and vanadium projects and trades on NASDAQ, TSX Venture Exchange, and Frankfurt Stock Exchange. The company operates under a hub-and-spoke production model across its mining properties.