iofina said thursday that production of iodine rose in the first half of 2023 and that it has secured lower interest rates on multiple loans the londonlisted iodine producer said it produced 2415 metric tons of crystalline iodine at its five plants in oklahoma in the first half of the year 75 metric tons more than a year ago the production total falls within iofinas guided range of between 235 and 250 metric tons it said iofina said it continues to see strong demand for iodine with steady prices of around 70 per kilogram as part of a refinancing process unused loans of 27 million and 17 million have been replaced by one 4 million capital expenditure loan with a drawdown period through july 1 2024 iofina said the interest rate has been reduced to 21 from 24 over seven years starting at the end of the drawdown period in addition a 6 million revolving line of credit has been extended one year to sept 16 2025 with an interest rate of 211 lowered from 24 iofina said