Sustainable Uranium Resources Development Business Model Canvas for

Sustainable Uranium Resources Development Business Model Canvas for Morocco Presented by: Prof. El Hassan SAYOUTY IAEA International Atomic Energy Agency

MOROCCO IAEA

Infrastructure • Key activities - Exploration History. • 1946 -1956: CEA (Commissariat a l’Energie Atomique )-BRPM (Now ONHYM) Uranium exploration programs on Hercynian granites, phosphate and coal basins, deposit ( Pitchblende ) and Bou Azzer cobalt deposit (Brannerite) • 1970 -1983 : Important exploration programs were carried out by BRPM (Now ONHYM) with the assistance of IAEA, the Soviet Technoexport and the Japanese JICA • 2002 -2004: Airborne Geophysical Survey conducted by ONHYM ( 20852 km 2) and PNCG Mining Ministry (370000 km 2) in coastal of Laa youne Dakhla basin • 2005 -2009: Using those support of the geological controls conduct to identify several uranium showings. - MINING PERMITS • ONHYM has more than 80 research permits of 7 th category distributed on the main uranium shows identified in Morocco IAEA

IAEA

• Key resources • Human Resources: + Physical Resources: ONHYM + OCP + Universities + Institutes + Private sector • Financial : Not yet specific for U; public and private • Key partners • • • MEMEE, MESRSFC. . OHHYM, OCP. . MANAGEM Universities: Engeener schools, Hassan 2 d. of Casablanca. . Regional partners: African countries International partners – IAEA, World Bank, EU, IAEA

Value Propositions • MOROCCAN URANIUM PHOSPHATES - Phosphates were discovered in Morocco in 1920. - The phosphates have always been exploited by the Moroccan OCP Group - (Office Che rifien des Phosphates) created in 1920. OCP has the monopoly on mining, processing and marketing of phosphates. Morocco holds 75% of Phosphate world reserves (85 billion tons) It produces around 50. 106 tons/year Uranium prospecting began in Morocco at the end of the second world war. the uranium content in Moroccan phosphates was discovered in 1946. Moroccan phosphate contains uranium at varying concentrations, usually between 100 and 150 ppm. In some deposits concentrations. IAEA

Value Propositions ° MOROCCAN URANIUM PHOSPHATES - There approximately 400 wet process phosphoric acid plants in operation worldwide. - There is already a substantial feedback on uranium recovering from phosphoric acid. - Eight plants for the recovery of uranium from phosphoric acid have been built and operated in the US since 1976 : 6 in Florida, 2 in Louisiana Plants have also been built in Canada, Spain, Belgium. . . - The estimated world annual capacity of uranium phosphates production is about 3700 tons. - The Belgian company PRAYON has recovered 690 tons (min. ) uranium from Moroccan phosphates. - Morocco can be the world leader by producing 2840 tons annually. • On Oct. 22, 2007, Areva signed an agreement with OCP to develop their cooperation and research initiatives regarding extraction of uranium contained in phosphoric acid produced from Moroccan phosphate ore. IAEA

Customers • Customer Segments • Morocco; 15 km from Europe (spain) • Atlantic ocean to USA • Channels • Big experience in mining • Big experience in exporting • Customer Relationships • Bilateral agreements • Agreements of free exchange • • • UE • USA Joint committee of various level [Direct meetings] [Steering Committees] [Other] IAEA

Finances • Cost structure • To be define later • Revenue streams • To learn from other mining experience: OCP IAEA

The Uranium Business Model Canvas for Morocco Key Partners NATIONAL - MEMEE, -MESRSFC -OHHYM, -OCP. . - MANAGEM (pc) -Universities, -Research Cent REGIONAL: -African countries International: IAEA, World Bank, EU Key Activities -ONHYM: Prospection : 80 research permits -OCP: Ux. P Key Resources • Human: - Capac. Buld. - Trainings Customer Relationships -Mines : ONHYM -Bilateral agreements - Agreements of free exchange (UE, USA. . ) - P. P. T Est: 3000 tons -Ux. P: OCP Est: 6, 5 Mega Tons (World leader) = 2 x world mines deposit Channels • Over seas: Atlantic mediteranian - Phosphates Experiences • Material: : - Equipements - Cooperation Cost Structure • No U specification (To be defined) IAEA Value Propositions Revenue Streams • No U specification (To be defined) Customer Segments • Operators: - National: (future - Regional - International (P experience)