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IOF - IOFINA - Share Chat

Price: Market Cap.: (Ā£m)

Iofina plc is an AIM-listed UK company primarily focused on the production of crystalline iodine and iodine derivatives. The company operates iodine extraction plants, predominantly in Oklahoma, USA, utilising its proprietary IOsorbĀ® technology. This innovative process extracts iodine from iodide-rich brine water that is co-produced with existing oil and gas operations, offering a cost-effective and environmentally efficient method of resource recovery.

Iofina’s high-purity iodine products serve a global customer base across various critical sectors, including pharmaceuticals, medical imaging, industrial, agricultural, and specialty chemical applications. Beyond iodine production, the company also provides water treatment and remediation services. Iofina’s strategy centres on leveraging its unique extraction capabilities to expand production and maintain its position as a sustainable and integrated supplier in the global iodine market.

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(@mrmultibagger)
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Chat about IOFINA


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Posts: 1675
Topic starter
(@mrmultibagger)
Member
Joined: 3 years ago

IOFINA (IOF): Record Results, Dividend Hike – What's Next?

Morning all! IOF certainly delivered with their 2023 results – record revenue and profit, plus that increased dividend. Very encouraging!

Are you holding or looking to buy in? What are your thoughts on their expansion plans and the outlook for iodine prices? Where do you see IOF heading in 2024 and beyond? Let's discuss!


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