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Iofina plc's Iofina Resources segment produced 215.8 metric tonnes of crystalline iodide in Q3 2025, a 32% increase from 163.9 MT in Q3 2024. This included 75 MT in September 2025 following IO#11 coming online in July 2025, with H2 2025 production projected to be 400-440 MT. The company also stated that negotiations for the IO#12 plant are in final stages, with foundation work expected to commence by year-end.
| Date | 16 Oct 2025 |
| Time | 07:00:05 |
| Category | Corporate updates |
| ID | 5617D |
16 October 2025
Iofina plc
("Iofina", the "Company" or the "Group")
(AIM: IOF)
Q3 2025 Corporate Update
Record Quarter in Iodine Production History
Iofina plc, specialists in the exploration and production of iodine and manufacturers of specialty chemical products, today provides an update regarding its activities during Q3 2025 (the "Period").
In the Period, Iofina Resources produced 215.8 metric tonnes ('MT') of crystalline iodide from its eight IOsorb® plants in Central and Northwest Oklahoma (Q3 2024: 163.9 MT). This represents a 32% increase in production, with 75 MT produced in September 2025 after IO#11 came online in July 2025. With water volumes to our plants expected to remain consistent through Q4 2025, production for H2 2025 is on track to be within the production range of 400-440 MT.
Pricing and demand for raw iodine have remained strong. The average realised iodine spot price is steadily above $70/kg, trending towards the mid-seventies, and prices are expected to remain at these levels for the rest of the year. The Company continues to experience strong demand for its crystalline iodine, with global iodine consumption expected to approach 40,000 MT in 2025.
The negotiations with our IO#12 partner have entered the final stages, and we are hopeful of signing an agreement shortly, and expect to commence the plant's foundation work by the end of the year.
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President and CEO, Dr. Tom Becker, commented:
"The Company continues to execute its growth strategy as illustrated by the record month of September and Q3 2025 production increasing by 32% year on year. Importantly, production has been steady across all our plants, putting us on track for a crystalline iodine production range of 400-440 MT for the second half of the year, and ultimately, further full-year growth.
"With production at IO#11 commencing in July, the Company has met its target of building one new plant each year over the past three years. With negotiations for IO#12 now in the later stages, we expect to continue the delivery of a new plant for the fourth year running.
"With iodine prices remaining high and demand for Iofina's products only getting stronger, the Board is excited by the current outlook for the rest of the year and into 2026."
Enquiries:
Iofina plc
Dr. Tom Becker
CEO & President
Tel: +44 (0)20 3006 3135
Nomad & Broker:
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor/Harry Rees
Tel: +44 (0)20 7523 8000
Financial PR and Media Contact:
Yellow Jersey PR Limited
Charles Goodwin/Shivantha Thambirajah
Tel: +44 (0)7747 788 221/+44 (0)7983 521 488
About Iofina:
Iofina plc (AIM: IOF) is a vertically integrated company that specialises in the production of Iodine and the manufacturing of specialty chemical products. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities Iofina Resources and Iofina Chemical.
LEI: 213800QDMFYVRJYYTQ84
ISIN: GB00B2QL5C79
Iofina Resources
Iofina Resources develops, builds, owns, and operates iodine extraction plants using Iofina's WET® IOsorb® technology. Iofina operates eight IOsorb® plants in Oklahoma and consistently uses technology and innovation to improve and expand its operations.
Iofina Chemical
Iofina Chemical has manufactured high-quality halogen speciality chemicals derived from raw iodine, as well as non-iodine-based products. Iofina Chemical celebrated its 40th anniversary in 2023 as a preeminent halogen-based specialty chemicals company.