Iofina plc is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and...
“We are on track for record iodine production in 2020, iodine prices are still strong, and our debt has been refinanced and significantly reduced," said chief executive Tom Becker
Iodine prices held up reasonably well during the second quarter but have softened some in the third quarter
Iofina president and CEO Dr Tom Becker commented: "The conclusion of the debt refinancing is a significant and positive step for Iofina and is the culmination of many months of...
The iodine maker said the necessary internal approvals have now been obtained by the lender and the transaction is in the final legal documentation phase
The company also said iodine prices had remained “encouragingly” steady at US$35 per kilo or above in the second quarter of 2020 and into the third