H1 2026 Corporate Update

Summary by AI BETAClose X

Iofina plc reported a record first half of 2026 with crystalline iodine production reaching 393.3 metric tonnes, a 29% year-on-year increase and exceeding guidance. The company's new IO#12 plant in the Permian Basin is on track for Q3 2026 commissioning, expected to add 170-220 metric tonnes annually, while a pipeline project for IO#11 is also advancing. Iodine prices remained stable in the mid-US$70/kg range, with robust demand for both crystalline iodine and derivative products. Iofina is pursuing further expansion, including negotiating for its next plant and finalising documentation for a US$10 million project loan facility, and anticipates H2 2026 production between 460-485 metric tonnes.

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Iofina (IOF)
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