Areva - Reference Document 2016

06

BUSINESS OVERVIEW

6.4 Operations

WORLD SUPPLY AND DEMAND IN 2016

tU

90,000

80,000

70,000

Demand to be covered by new production Secondary resources Primary production - existing mines Reactor demand

60,000

50,000

40,000

30,000

20,000

10,000

0

2016

2020

2025

2030

Source: UxC Q4 2016.

Estimated global production in 2016

TOP TEN URANIUM PRODUCING COUNTRIES

TOP TEN URANIUM PRODUCERS

Production (MTU)

Available share of production* (MTU)

Rank Producer

% *

Rank Producer

% **

1 2 3 4 5 6 7 8 9

Kazakhstan

24,700 14,000

40% 22%

1 2 3 4 5 6 7 8 9

Kazatomprom

12,000 10,500

19% 17% 15% 13%

Canada Australia

Cameco AREVA

5,900 3,500 3,500 3,000 2,400 1,600 1,100 1,000

9% 6% 6% 5% 4% 3% 2% 1%

9,300 7,900 3,200 2,400 2,400 2,100 1,400 1,300

Niger

ARMZ/Uranium One

Namibia

BHP Billiton

5% 4% 4% 4% 2% 2%

Russia

Rio Tinto

Uzbekistan

Navoi CNNC Paladin

China

United States

10 Ukraine

10 CGNPC

TOTAL TOP 10

60,700

98%

TOTAL TOP 10

52,500

85% 15%

Other

1,200

2%

Other

9,400

Global production

61,900

100%

Global production

61,900

100%

Source: Annual reports from the different companies (rounded to the nearest 100 metric tons) and AREVA estimates. * Rounded to 100 bp.

Source: Annual reports from the different companies (rounded to the nearest 100 metric tons) and AREVA estimates. * Quantity of uranium likely to be sold/distributed to producers by their respective mining joint ventures. ** Rounded to 100 bp. In 2016, AREVA produced 9,300 metric tons of uranium (in available share of production).

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2016 AREVA REFERENCE DOCUMENT

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