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

2. IAEA MOROCCO

3. IAEA Infrastructure Key activities - Exploration History. 1946-1956: CEA (Commissariat à 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 km2) and PNCG Mining Ministry (370000 km2) 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 7th category distributed on the main uranium shows identified in Morocco

4. IAEA

5. 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 2d. of Casablanca.. Regional partners: African countries International partners – IAEA, World Bank, EU,

6. 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 Chérifien 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 50.10 6 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.

7. IAEA Value Propositions ° MOROCCAN URANIUM PHOSPHATES - There are 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.

8. 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]

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

10. 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: UxP Value Propositions -Mines : ONHYM Est: 3000 tons -UxP: OCP Est: 6,5 Mega Tons (World leader) = 2x world mines deposit Customer Relationships -Bilateral agreements - Agreements of free exchange (UE, US A..) - P.P.T Customer Segments Operators: - National:(future - Regional - International (P experience) Key Resources Human: - Capac. Buld. - Trainings Material:: - Equipements - Cooperation Channels Over seas: Atlantic mediteranian - Phosphates Experiences Cost Structure No U specification (To be defined) Revenue Streams No U specification (To be defined)