1. IAEA International Atomic Energy Agency Sustainable Uranium Resources Development Business Model Canvas for CNNC/ China Presented by Dr. LI Ziying

2. IAEA Infrastructure Key activities Activities in U exploration Exploration Types:  Sandstone-hosted uranium deposit  Granite-related uranium deposit  Volcanic-related uranium deposit  Black Shale uranium deposit  Intrusive uranium deposit

3. IAEA Infrastructure Key activities Activities in U exploration Exploration projects:  U resources potential evaluation  Regional geological survey and mapping  Airborne Gama-spectrometer & magnetic survey  Target selection  Drilling programs in different scales……

4. IAEA Infrastructure Major progresses in both S. and V. U-deps

5. IAEA Infrastructure Key activities Activities in U exploration Some Exploration Activities outside China: Australia Canada Namibia Niger Zimbabwe Mongolia…

6. IAEA Infrastructure Key activities Activities in U mining & processing  Seven Mines:  Benxi  Chongyi  Fuzhou  Lantian  Shaoguan  Tongliao  Yining Mines in Niger ， Namibia

7. IAEA Infrastructure U mining operation Open pit Underground In situ Leaching U Processing & Recovery  Conventional  Heap  In-situ Leaching  Ion Exchange  Solvent extraction

8. IAEA Infrastructure Key resources-Human Resources  Exploration Sector ： 5500 Employees  Mining sector: 6950 Employees

9. IAEA Infrastructure Key resources-Physical resources Beijing Research Institute of Uranium Geology Geological Exploration Units No.: 208, 216, 243 Local Research Institutes No.: 203, 230, 240, 270, 280, 290 Airborne Radiometric Survey 703

10. IAEA Infrastructure Key resources-Financial Annual Budget for Exploration ： Ca. 130 Million US$  Central & Provincial Governments  State-owned Companies Annual Budget for Exploitation ： Ca. 12 Million US$  State-owned Company (CNNC) Intellectual ：  Patents,Technical Data and Docs & Maps.

11. IAEA Infrastructure Key partners Partner ministries China Atomic Energy Authority Ministry of Land & Resources China & Provincial Geological Survey Organizations Chinese Academy of Science Chinese Academy of Geoscience

12. IAEA Infrastructure Key partners Companies  China Guangdong Nuclear Corporation (CGN)  State Nuclear Power Corporation(SNPC) Universities  East China Institute of Technology  Southern China University

13. IAEA Infrastructure Key partners Regional partners  Provincial Exploration & Exploitation institutions International partners  IAEA, Overseas collaboration partners in Australia, Namibia, Niger…

14. IAEA Value Propositions Innovation: Technical & New Discovery Performance: Medium Customization: Nuclear Power Plant Design: Using new technology Status: Active Price: Market & Reference to Intern. price Cost reduction: Labour and management efficiency Employment: Stable

15. IAEA Customers Customer Segments  Nuclear Fuel & Power Plants (CNNC, CGN, SNPC) Channels  Internal agreement within CNNC and sales agreement with partners Customer Relationships  Direct meetings  Steering Committees  Win-Win Cooperation

16. IAEA Finances  Cost structure Cost driven: Price orientation, Variable costs (Labour, Engineering, Power & Fuel etc), Scale… Value driven: Technical Innovation, Management Efficiency  Revenue streams How do you get funding: National Budget & Market Funding from other sources: Partnership

17. IAEA The Uranium Business Model Canvas for CNNC/China Key Partners China Atomic Energy Authority Ministry of Land & Resources China & Provincial Geological Survey China Guangdong Nuclear Corporation State Nuclear Power Corporation East China Institute of Technology Southern China University IAEA Key Activities Activities in U exploration U resources evaluation & target selection Drilling programs Some exploration activities abroad Activities in U mining & processing Seven Mines: Benxi etc. Two mines overseas Value Propositions Innovation: Technical & New Discovery Performance: Medium Customization: Nuclear Power Plant Design: Using new technology Status: Active Price: Market & Reference to Intern. price Cost reduction: Labour and efficiency Employment: Stable Customer Relationships Direct meetings Steering Committees Win-Win Cooperation Customer Segments Nuclear Fuel & Power Plants (CNNC, CGN, SNPC) Key Resources Exploration Sector ： 5500 Employees Mining sector: 6950 Employees 11 exploration institutions Channels Internal agreement within CNNC and agreement with partners Cost Structure Cost driven: Price orientation, Variable costs (Labour, Engineering, Power & Fuel etc), Scale… Value driven: Technical Innovation, Management Efficiency Revenue Streams Annual Budget for Exploration ： ca. 130 Million US$ Annual Budget for Exploitation ： ca. 12 Million US$