Nurlikum Mining Uzbek French Joint Venture (Orano Group)

Orano is present in Uzbekistan via the JV company Nurlikum Mining LLC created with the Republic of Uzbekistan represented by the State-Owned Enterprise Navoiy Uran. The company was established on December 3, 2019. The scope of Nurlikum Mining is to conduct uranium exploration and mining activities with a focus on the Djengeldi area, at the heart of the uranium-rich province of Uzbekistan. Over the 2020-2023 period, Nurlikum Mining is committed to conducting geological exploration, including drilling, laboratory analysis, modelling and pilot testing work to confirm the technical, economic and environmental feasibility of mining uranium resources from the Djengeldi area using the In Situ Recovery (ISR) method. Approximately 300,000 meters of drilling and two pilot production tests are planned.