logo-loader
viewIofina PLC

Iofina PLC reports 'another strong quarter' as IO#8 begins production

Iofina PLC's (LON:IOF) Tom Becker caught up with Proactive London's Andrew Scott after announcing its IO#8 iodine plant located in western Oklahoma is now in production.

He says the plant was delivered on time and within budget and is expected to crank up production levels to hit full pelt over the next six weeks.

Crystalline iodine production in the first quarter of 2020 was 129.7 tonnes, more or less in line with the 134.4 tonnes produced in the same quarter of 2019.

Quick facts: Iofina PLC

Price: 13.125 GBX

LSE:IOF
Market: LSE
Market Cap: £25.18 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Iofina PLC named herein, including the promotion by the Company of Iofina PLC in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Market report: FTSE fights back after bruising start to week

The FTSE is fighting back after enduring the worst sell-off since June on Monday.  UK Prime Minister Boris Johnson will address the nation today about more possible lockdowns after announcing pubs, bars, restaurants and other hospitality venues in England must close by...

4 weeks ago

2 min read