Iofina expands with new IOsorb collaboration planned for Permian Basin

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker talked with Proactive's Stephen Gunnion about the company’s newly announced IOsorb plant, set to be constructed in partnership with Western Midstream Partners in the Permian Basin. The plant will be Iofina’s largest to date, with the ability to process up to 50,000 barrels of brine water per day. It is expected to come online in Q3 of 2026, contributing to a significant increase in iodine production and revenue the following year. “This plant, we expect to be online in the third quarter of next year,” said Becker, noting that 2026 revenues and iodine volumes would be “significantly higher than the previous year” due to contributions from both the new plant and IO#11. He also discussed the company’s partnership with Western Midstream, which brings strong technical capabilities in water handling and reuse. Western manages over 2.5 million barrels of water daily, and the collaboration opens the door to further expansion in the Permian Basin and beyond. The new plant is expected to cost between $8 to $9 million, with the company confident in both timeline and budget. Becker confirmed that most materials have already been sourced, and lead times are favourable. Becker added that existing Iofina plants continue to deliver strong performance, with record production months in Q3 and an expected 400 to 440 metric tons of crystalline iodine output in H2 2025. For more videos like this, visit Proactive’s YouTube channel. Don’t forget to like, subscribe, and enable notifications for future updates. #Iofina #IodineProduction #IOsorb #PermianBasin #WaterRecycling #WesternMidstream #BrineWater #CommodityStocks #IofinaPLC #IndustrialChemicals #AIMstocks #UKstocks #ChemicalSector #ProactiveInvestors