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Iofina's new production facility part of plan to double production

Iofina's new production facility part of plan to double production

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Tom Becker talks to Proactive about the agreement with a new brine supply partner and the start of construction of its latest IOsorb iodine plant, IO#9, in Western Oklahoma.

Becker expects the building of IO#9 to begin "very soon" and for production to begin in the second quarter of 2023.

IO#9 is part of a growth strategy that he anticipates will double the company's total iodine production in the next 3-5 years.