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Iofina to accelerate growth plans at new iodine extraction plant, IO9 and chemical operation

Iofina to accelerate growth plans at new iodine extraction plant, IO9 and chemical operation

Iofina PLC (AIM:IOF, OTC:IOFNF)'s Tom Becker joins Proactive to discuss the company's plans to accelerate growth.

It comes after Iofina announced a new debt financing last Friday.

The financing supports the company as it builds a new iodine extraction plant, IO9, and expands its chemicals operations.

A US$2.7mln loan runs for seven years, whilst a separate US$1.66mln loan runs for five years.

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