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Iofina to accelerate growth plans at new iodine extraction plant, IO9 and chemical operation

Published: 03:40 13 Jul 2022 EDT

Iofina PLC (AIM:IOF, OTC:IOFNF)'s Tom Becker joins Proactive to discuss the company's plans to accelerate growth. 

It comes after Iofina announced a new debt financing last Friday.

The financing supports the company as it builds a new iodine extraction plant, IO9, and expands its chemicals operations. 

A US$2.7mln loan runs for seven years, whilst a separate US$1.66mln loan runs for five years.

Iofina CEO sees further growth in 2025 after posting seventh year of record...

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker takes Proactive's Stephen Gunnion through the company’s strong 2024 financial performance and its strategic outlook for 2025. The company reported record revenue, marking the seventh consecutive year of revenue growth. According to Becker, “We...

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