Iofina plc, specialists in the exploration and production of iodine and manufacturers of specialty chemical products, is pleased to update shareholders on a strong Q1 2020 period and reports that construction at its newest IOsorb® iodine plant IO#8 has completed within budget and on schedule and the plant has moved into production.
HIGHLIGHTS:
• IOsorb® iodine plant IO#8 completed and is in production
• Q1 crystalline iodine production totalling 129.7 metric tonnes was in line with Q1 2019 totals
• Iodine prices remain stable into the start of Q2
• Production and operations continue despite Covid-19 restrictions