Iofina plc said on Sunday it had completed the installation of an additional brine water source at its IO#11 plant, doubling the facility’s saltwater supply and raising annual crystalline iodine output by roughly 45 to 65 metric tons.
The London-listed miner, which trades under ticker AIM:IOF and IOFI, said the upgrade would increase IO#11’s production by about 50% once fully commissioned. The plant now operates with two independent saltwater sources, supporting higher throughput of brine used in iodine extraction.
Separately, Iofina said construction at its IO#12 unit was progressing as scheduled, with first operations expected by the end of the third quarter of 2026. The company estimates IO#12 will produce between 170 and 220 metric tons of crystalline iodine annually once operational.
Iofina focuses on iodine extraction and specialty chemical manufacturing, with both IO#11 and IO#12 serving as key production hubs. The company did not disclose additional financial details regarding the projects.
