Iofina PLC (AIM:IOF, OTC:IOFNF) announced an agreement with Western Midstream Partners to develop the company's next IOsorb plant in the Permian Basin. The plant will use Iofina's WET IOsorb technology with produced water supplied by Western Midstream.
Iofina PLC (AIM:IOF, OTC:IOFNF) told investors it has achieved record quarterly production of 215.8 metric tonnes of crystalline iodine in Q3 2025, a 32% increase from the same period last year. Output was driven by its eighth operational IOsorb plant, IO#11, which began production in July and lifted September volumes to 75 MT.
Iofina PLC (AIM:IOF, OTC:IOFNF) this week reported record revenue and profit for the first half of 2025, driven by higher iodine production volumes and strong pricing. The company told investors that revenue rose by 12.00% year-on-year to more than USD 29.00 million, while profit increased by over 40.00% to exceed USD 3.00 million.
Iofina PLC (AIM:IOF, OTC:IOFNF) has said it remains well-positioned to press ahead with expansion after posting record half-year revenues and higher iodine output. The AIM-listed group, which extracts iodine from waste brine water produced by the oil industry, reported sales of $29.2 million in the first six months of 2025, up 12% on a year earlier.
Iofina PLC (AIM:IOF, OTC:IOFNF) has posted record annual revenue for the seventh year running, with strong early sales in 2025 pointing to continued demand for crystalline iodine. The AIM-listed company, which processes oilfield brine to produce its end product, reported full-year revenue of $54.5 million for 2024, a 9% rise on the previous year.
Iofina PLC (AIM:IOF, OTC:IOFNF) told investors it produced 124.1 tonnes of crystalline iodine in the first quarter of 2025, in line with 123.7 tonnes in the same period last year. Output was impacted by extreme winter conditions in Oklahoma, it noted, with the cold weather disrupting the hydrocarbon operations that feed brine water availability to the plants.
Iofina PLC (AIM:IOF, OTC:IOFNF), the iodine producer and chemical manufacturer, has hit a major milestone, achieving record iodine production of 634.1 metric tonnes (MT) in 2024 — a 13.4% increase on the previous year. This achievement was powered by strong output from the company's seven IOsorb plants in Oklahoma, including its newest facility, IO#10, which reached full production in September.
Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Tom Becker described the company's performance in the third as 'excellent' as it increased its iodine production and said it was planning further expansion with new plants. Output was 163.9 metric tonnes of crystalline iodine, up from 156.9 MT the previous year, with its new IO#10 plant beginning operations.
Iofina PLC (AIM:IOF, OTC:IOFNF) told investors it will expand in Oklahoma, by developing a new iodine extraction plant, IO#11. It will be located in Western Oklahoma, near Iofina's existing facilities, in a region known for significant oil and gas development.
Iofina PLC (AIM:IOF, OTC:IOFNF) chief executive Dr Tom Becker described the firm's first half as robust, and highlighted sustained demand for its iodine products. The company reported record revenues of $26.0 million for the first half of 2024, which marked a 7% increase from last year.
Iofina PLC (AIM:IOF, OTC:IOFNF) has successfully commissioned its latest IOsorb plant, IO#10, in Oklahoma, marking a significant milestone for the iodine production company. The facility has completed hydro-testing, and brine water is now circulating through its system.
Iofina PLC (AIM:IOF, OTC:IOFNF) this week provided an update on its performance and future projects, with CEO Dr. Tom Becker outlining the company's achievements and plans.