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Iofina PLC - London-based iodine producer - Says that its IO#9 IOsorb plant is operational after undergoing hydrotesting, and has now begun flowing brine water. It is Iofina’s sixth plant operating in Oklahoma. The firm says it will shortly concentrate and isolate iodine, as the plant ramps up production over the coming weeks. Chief Executive Officer Tom Becker says: ‘We are delighted to have IO#9 flowing brine water through our system, and meeting our end of Q2 target for the start of production. The new plant is on track to make a significant contribution to our total crystalline Iodine production through the second half of the year.’ Current stock price: 35.10 pence, up 3.2% on Wednesday 12-month change: up 54% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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