Iofina plc (GB:IOF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Iofina plc, a leader in iodine production, has just commissioned its IO#10 iodine plant in Oklahoma, which is expected to significantly boost its crystalline iodine output, adding 100-150MT to its annual production. The new facility is part of the company’s expansion in a region known for its high oil and gas drilling activity. With IO#10 operational and discussions ongoing for the next plant, IO#11, Iofina continues to strengthen its position in the North American iodine market.
For further insights into GB:IOF stock, check out TipRanks’ Stock Analysis page.
