15th Oct 2021 14:39
Iofina PLC - iodine and chemical product manufacturer located in Oklahoma, US - Produces 142.7 metric tonnes of crystalline iodine from its five operating IOsorb plants in Oklahoma. Remains on track for second-half output target of 260 to 275 metric tonnes of crystalline iodine. Says demand for iodine and iodine complexes remains "robust". Notes recent rise in spot prices, now touching USD40 per kilogramme. "The company believes the outlook for demand of iodine will remain strong into 2022," it says.
Current stock price: 15.99 pence, up 5.7% on Friday afternoon
Year-to-date change: up 23%
By Scarlett Butler; [email protected]
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