Iofina plc (AIM: IOF) has completed the installation of a second brine water source at its IO11 facility, raising annual crystalline iodine production by approximately 50% to 65 metric tonnes.
The additional source brings the plant’s total brine capacity to two separate inputs, enabling more stable operations and output. Iofina, which focuses on iodine exploration and specialty chemical production, had previously reported a 45-65 tonne annual increase from the upgrade.
Separately, construction at the IO12 facility continues as scheduled, with commercial production expected by the end of the third quarter of 2026. The plant is designed to produce between 170 and 220 metric tonnes of crystalline iodine annually once operational.
