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Iofina PLC

Iofina's new IO#7 IOsorb plant to come online within weeks

Tom Becker, chief executive of Iofina plc (LON:IOF), tells Proactive their new IO#7 IOsorb plant is nearly complete and should be online next month.

Chatting to Andrew Scott the iodine extractor confirmed that crystalline iodine production in the second half of 2017 exceeded expectations, clocking in at 267.5 tonnes, versus 216.6 tonnes in the same period of 2016.

Quick facts: Iofina PLC

Price: £0.28

Market: LSE
Market Cap: £54.58 m
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'Things are adding up for Iofina' with increased year-on-year production

Tom Becker, chief executive of Iofina plc (LON:IOF), tells Proactive Investors 2017 was a year of 'substantial' progress for the company. Gross profit increased by US$2.2m from US$2.7mln to US$4.9mln while underlying earnings (EBITDA) improved by US$2.7m from a deficit of US$1.3mln to a...

on 30/4/18

2 min read