Umine Investment
Umine LLP is a strategic 20%-owned investment focused on the remediation and redevelopment of the historic Djideli uranium processing site in Kazakhstan. The project is designed to integrate environmental rehabilitation with the recovery and sale of residual uranium, creating a rare model in which site clean-up and commercial resource development proceed in parallel. Detailed engineering plans have been submitted to the Kazakh Ministry of Industry, supported by local authorities, with permitting expected to unlock the next phase of comprehensive resource sampling and construction of processing facilities. Recent surface sampling has already returned encouraging uranium concentrations, supporting the technical basis for redevelopment.
For Prominence, Umine provides measured exposure to the uranium supply chain that underpins responsible nuclear power generation and long-term low-carbon energy security. The investment complements the company’s natural hydrogen focus by aligning with the same strategic themes: enabling reliable, affordable clean energy while applying rigorous technical standards and transparent project development. As permitting progresses, Umine has the potential to evolve into a future revenue-generating asset, contributing both to portfolio diversification and to the broader objective of supporting credible, infrastructure-scale decarbonisation pathways.
