StockMarketWire.com - Iodine producer Iofina said it remains on track to meet its second-half iodine production target and continued to expect that demand will remain 'strong' into 2022.

During the third quarter of 2021, the company produced 142.7 metric tonnes of crystalline iodine from its five operating plants in Oklahoma.

The company remained on track to meet its H2 2021 production target of 260-to-275MT.

Looking ahead, the company said it believes demand of iodine will remain strong into 2022.

'As recently reported, Iofina is in negotiations with brine partners to create a new iodine plant, IO#9,' it added.

'These negotiations are progressing, with the expectation to commence construction before year end.'




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