1. Limited diversification: Kazatomprom primarily focuses on uranium mining and production, which can be a disadvantage compared to peers that have a more diversified portfolio of energy resources. This lack of diversification can make the company more vulnerable to fluctuations in uranium prices and demand.

2. Dependence on government support: As a state-owned company, Kazatomprom heavily relies on government support and policies. This dependence can limit the company's flexibility and ability to adapt to market changes compared to peers that have more autonomy in decision-making.

3. Geographical concentration: Kazatomprom's operations are primarily concentrated in Kazakhstan, which can be a disadvantage compared to peers with a more global presence. This concentration exposes the company to country-specific risks, such as political instability or changes in local regulations.

4. Limited downstream capabilities: Kazatomprom's focus is mainly on uranium mining and production, with limited downstream capabilities such as conversion, enrichment, and fuel fabrication. This can be a disadvantage compared to peers that have integrated operations, as it limits the company's ability to capture additional value from the nuclear fuel cycle.

5. Environmental concerns: Uranium mining and production can have significant environmental impacts, including water contamination and habitat destruction. Kazatomprom may face criticism and regulatory challenges related to environmental sustainability, which can be a disadvantage compared to peers that have stronger environmental practices.

6. Limited brand recognition: Compared to some of its peers, Kazatomprom may have lower brand recognition and visibility in the global market. This can make it more challenging for the company to attract customers and secure long-term contracts, potentially impacting its market share and competitiveness.