Londian Wason and NAIKAN plan $810M copper foil plant in Kazakhstan
Londian Wason and NAIKAN plan a joint copper foil venture in Kazakhstan with about $810M of investment, with first-phase production slated for Q2 2029.
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what happened
Londian Wason and NAIKAN plan to set up a joint copper foil production base in Kazakhstan. Total investment is estimated at roughly $810 million.
The first phase is scheduled to start production in the second quarter of 2029, and annual output is projected to reach 50,000 tonnes by 2031. The report provides no prior-period comparison. The information was published by TradingView.
why it matters
This is a strategic expansion following Londian Wason's recent IPO, not a report of operating results or current revenue. The long lead time means any contribution to copper and foil supply is several years away. Assessing the project will require details on the venture's structure, financing, construction progress and customer contracts.
market impact
Copper foil: the project adds supply only years from now, so current market impact is limited
tags
instruments
on polymarket
sources
- Londian Wason New Energy Tech Inc. (FOIL) Plans $810M Kazakhstan Plant — TradingView, 9 November 2026 at 02:57 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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