Iofina lifts iodine output 10% in H1 with new plant set to boost full-year production

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker talked with Proactive's Stephen Gunnion about the company’s record-breaking first-half iodine production of 305 metric tons, marking a 10% year-on-year increase. Becker attributed the strong performance to operational execution and collaboration with partners, noting that a weather-affected slow start was overcome by a robust second quarter. Becker highlighted that Iofina’s IO#11 plant in central Oklahoma is undergoing final testing and is expected to begin production within the month. “We anticipate we’ll be producing iodine from that plant this month,” he said. The addition of IO#11 is expected to drive further gains in the second half, with guidance set between 400 to 440 metric tons. He also confirmed that plans for IO#12 are progressing well, with a commercial agreement expected soon and construction anticipated to begin before the end of the year. Becker stated, “We fully expect IO#12 to be started before the end of the year.” On market dynamics, Becker commented on stable iodine prices above $70 per kilogram, supported by consistent demand and supply stability. He noted that Iofina continues to expand its customer base while maintaining volumes with existing clients. “We anticipate iodine prices in the market not changing very much throughout the rest of the year,” he added. The company expects to release its formal first-half results in the third quarter of 2025. Visit Proactive's YouTube channel for more interviews and updates. Don’t forget to like this video, subscribe to the channel, and enable notifications for future content. #Iofina #IodineProduction #IO11 #IO12 #ChemicalManufacturing #IofinaChemical #TomBecker #OklahomaIndustry #CommodityPrices #IndustrialChemicals #ProactiveInvestors #H125Results #SpecialtyChemicals