Iofina Share News (IOF)

Iofina reduces 2024 profit prediction amid high fees in first quarter

(Alliance News) - Iofina PLC on Tuesday predicted a fall in financial 2024 profit as higher fees in contracts for essential brine water supplies hurt forecasts.

Iofina upbeat on recent production, 2024 outlook

(Sharecast News) - Iodine explorer, producer and speciality chemicals manufacturer Iofina updated the market on its activities in the fourth quarter of 2023 on Monday, as well as its expectations for 2024.

Iofina shares fall despite increased production and sunny outlook

(Alliance News) - Iofina PLC on Wednesday said production in its latest half was below guidance as expected, although demand "remained robust".

TRADING UPDATES: SkinBio launches food supplement on Amazon

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Iofina inks deal with new partner for latest iodine plant in Oklahoma

(Alliance News) - Iofina PLC on Friday said that it has signed a deal with a new brine supply partner to construct its latest Iosorb iodine plant in Western Oklahoma.

Iofina confident as first-half earnings jump 60pc

(Sharecast News) - Iodine explorer and producer Iofina reported 60% growth in adjusted EBITDA in its first half on Monday, to $5.9m.

Iofina hails high iodine prices and strong demand as profit surges

(Alliance News) - Iofina PLC on Monday said it continued on its growth path, touting improvement in all its operations and high iodine prices.

TRADING UPDATES: Iofina optimistic; Metals Exploration ups outlook

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Iofina successfully operates its latest Oklahoma plant

(Sharecast News) - Iodine explorer and producer Iofina announced the successful operation of its IO#9 'IOsorb' plant on Wednesday, located in Oklahoma.

IN BRIEF: Iofina celebrates as sixth plant in Oklahoma now operational

Iofina PLC - London-based iodine producer - Says that its IO#9 IOsorb plant is operational after undergoing hydrotesting, and has now begun flowing brine water. It is Iofina's sixth plant operating in Oklahoma. The firm says it will shortly concentrate and isolate iodine, as the plant ramps up production over the coming weeks.

UK shareholder meetings calendar - next 7 days

EARNINGS UPDATES: Northcoders swings to profit; AB Dynamics ups payout

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Iofina continues to perform well in quarter one

Iofina PLC - London-based iodine producer - Updates on quarter one. Continues to perform well with Iofina Resources producing 107.1 metric tonnes of crystalline iodine from its IOsorb iodine plants in the quarter, up 3.3 metric tonnes from the first quarter of 2022, despite cool temperatures and weather-related downtimes. Notes demand for iodine remains strong supported by a further expansion in the customer base. Points out the iodine spot price remained steady at around USD70 per kilogram and prices are expected to stay at these levels into the second half of 2023. Continues to work on other growth projects.

Iofina production rises as it develops IO9 facility

(Sharecast News) - Iodine explorer and producer Iofina said in an update on Wednesday that despite cool temperatures and weather-related downtimes, its Iofina Resources division managed to produce 107.1 metric tonnes of crystalline iodine in the first quarter, up 3.3 tonnes year-on-year.

AIM WINNERS & LOSERS: IOG shares plunge as North Sea well suspended

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.