Iofina plc (GB:IOF) has released an update.
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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.
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