Iofina plc (GB:IOF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
