Iofina commissions its largest iodine plant to date

Basic Materials Chemicals Written by: Jamie Ashcroft 02:32 Fri 16 Oct 2026 --> Proactive has a commercial relationship with Iofina PLC. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Iofina PLC ( AIM:IOF OTC:IOFNF ) View Price & Profile Iofina commissions its largest iodine plant to date Published: 02:32 16 Oct 2026 EDT Iofina PLC (AIM:IOF, OTC:IOFNF) told investors it has commissioned its largest iodine production plant to date in the Permian Basin, marking a major expansion milestone even as lower brine supplies and project delays weighed on third-quarter output. The new plant, the first commercial-scale iodine production facility in the Permian Basin, is undergoing hydrotesting, with brine already flowing through its systems. Production is expected to begin and ramp up over the coming weeks. Western Midstream Partners will supply up to 50,000 barrels of produced water daily, supporting targeted annual iodine output of 170–220 tonnes. The company, meanwhile, in a separate statement, reported that it produced 205.2 metric tonnes of crystalline iodine in the three months to September, down 4.9% from 215.8 tonnes a year earlier and below expectations. Iofina now anticipates second-half production of around 440–455 tonnes, dependent on water supplies recovering and the contribution from its newly commissioned IO#12 facility. Iofina said production had been affected by lower water volumes, maintenance, delays to an additional pipeline at IO#11 and the timing of IO#12's commissioning. Water supplies in central Oklahoma were also disrupted by upgrades requiring temporary well closures, although volumes have since improved. Chief executive Dr Tom Becker said the company was "encouraged by the positive adjustments made by our water supply partners" as it works to restore previous supply levels. Despite the operational setbacks, iodine prices remain in the mid-US$70s per kilogram and above, providing a favourable backdrop for expansion following record financial performance in the first half. The company has also secured agreements to build two further plants, IO#13 and IO#14, in central Oklahoma, with construction expected to begin shortly and completion targeted by the end of the first half of 2027. Both projects form part of Iofina's strategy to reach annual production of 2,000 tonnes. Continue reading