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RNS Number : 5617D Iofina PLC 16 October 2025
16 October 2025
Iofina plc
("Iofina", the "Company" or the "Group")
(AIM: IOF)
Q3 2025 Corporate Update
Record Quarter in Iodine Production History
Iofina plc, specialists in the exploration and production of iodine and
manufacturers of specialty chemical products, today provides an update
regarding its activities during Q3 2025 (the "Period").
In the Period, Iofina Resources produced 215.8 metric tonnes ('MT') of
crystalline iodide from its eight IOsorb® plants in Central and Northwest
Oklahoma (Q3 2024: 163.9 MT). This represents a 32% increase in production,
with 75 MT produced in September 2025 after IO#11 came online in July 2025.
With water volumes to our plants expected to remain consistent through Q4
2025, production for H2 2025 is on track to be within the production range of
400-440 MT.
Pricing and demand for raw iodine have remained strong. The average realised
iodine spot price is steadily above $70/kg, trending towards the
mid-seventies, and prices are expected to remain at these levels for the rest
of the year. The Company continues to experience strong demand for its
crystalline iodine, with global iodine consumption expected to approach 40,000
MT in 2025.
The negotiations with our IO#12 partner have entered the final stages, and we
are hopeful of signing an agreement shortly, and expect to commence the
plant's foundation work by the end of the year.
President and CEO, Dr. Tom Becker, commented:
"The Company continues to execute its growth strategy as illustrated by the
record month of September and Q3 2025 production increasing by 32% year on
year. Importantly, production has been steady across all our plants, putting
us on track for a crystalline iodine production range of 400-440 MT for the
second half of the year, and ultimately, further full-year growth.
"With production at IO#11 commencing in July, the Company has met its target
of building one new plant each year over the past three years. With
negotiations for IO#12 now in the later stages, we expect to continue the
delivery of a new plant for the fourth year running.
"With iodine prices remaining high and demand for Iofina's products only
getting stronger, the Board is excited by the current outlook for the rest of
the year and into 2026."
Enquiries:
Iofina plc
Dr. Tom Becker
CEO & President
Tel: +44 (0)20 3006 3135
Nomad & Broker:
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor/Harry Rees
Tel: +44 (0)20 7523 8000
Financial PR and Media Contact:
Yellow Jersey PR Limited
Charles Goodwin/Shivantha Thambirajah
Tel: +44 (0)7747 788 221/+44 (0)7983 521 488
About Iofina:
Iofina plc (AIM: IOF) is a vertically integrated company that specialises in
the production of Iodine and the manufacturing of specialty chemical products.
Iofina is the second largest producer of iodine in North America and operates
the manufacturing entities Iofina Resources and Iofina Chemical.
LEI: 213800QDMFYVRJYYTQ84
ISIN: GB00B2QL5C79
Iofina Resources
Iofina Resources develops, builds, owns, and operates iodine extraction plants
using Iofina's WET® IOsorb® technology. Iofina operates eight IOsorb®
plants in Oklahoma and consistently uses technology and innovation to improve
and expand its operations.
Iofina Chemical
Iofina Chemical has manufactured high-quality halogen speciality chemicals
derived from raw iodine, as well as non-iodine-based products. Iofina
Chemical celebrated its 40(th) anniversary in 2023 as a preeminent
halogen-based specialty chemicals company.
www.iofina.com (http://www.iofina.com/)
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