Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker joined Proactive's Stephen Gunnion to discuss a strong start to 2026, with Q1 iodine production up 44% year-on-year to 179 metric tonnes, prompting an upgrade to H1 guidance from 325-355 metric tonnes to around 385 metric tonnes.
Becker credited the ramp-up of the IO#11 plant, a strong operations team and better winter conditions for the outperformance. Looking ahead, a new, larger plant under construction in the Permian Basin is expected to process around 50,000 barrels of brine per day - double existing capacity - and produce up to 220 metric tonnes of iodine annually when it comes online in Q3.
On the market, iodine prices remain firm in the mid-$70 per kilogram range, underpinned by steady demand from healthcare applications and emerging opportunities in solar and refrigerant gases. Iofina has also remained largely insulated from global supply chain disruption thanks to its diversified operations.
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