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Iofina

  • BY: Andrew Hore |
  • POSTED: 20/11/2017 |

Iofina expects first production from the IO#7 plant in February, assuming no delays caused by weather or anything else.

The iodine producer says third quarter production is 6% ahead of the second quarter figure at 125 million tonnes. The IO#3 plant is currently offline.

Annual production could be between 225-240 million tonnes. Next year, cash flow should improve but Iofina is still expected to be loss-making.

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