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Iofina maintains production despite tough winter and fewer plants

Published: 16:19 18 Apr 2018 BST

Tom Becker, chief executive of Iofina plc (LON:IOF) tells Proactive Investors they maintained iodine production in the latest quarter even with an exceptionally bad US winter and less plants in operation.

Two of the plants (IO#3 and IO#5) were offline at the start of the quarter, while parts of the US were hit by one of the coldest winters in living memory.

Even so, the group produced 118.2metric tonnes (118.7Mt) in the three months to March.

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Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker speaks to Thomas Warner from Proactive after the iodine producer released a Q4 2023 Corporate Update showing another year-on-year increase in iodine production of around 560 metric tonnes. Becker attributes the growth to the consistent...

on 16/1/24