Iodine One

We seek funding to establish an iodine extraction plant in Dewey Co, Oklahoma, with an annual production capacity exceeding 180 tons of iodine for commodity sales. This facility is the inaugural installation among a set of four, collectively projecting an annual production of 1,000 tons. Your investment will facilitate the construction of a high-capacity iodine plant owned by "Reclaimed Minerals Inc." (a Delaware Corporation) and operated by "Iodine One LLC" (Oklahoma). Our treatment process concurrently extracts iodine from iodide-rich water sourced from saltwater disposal wells while purifying the wastewater.

Iodine is a widely used commodity in diverse consumer and industrial markets, ensuring a demand structure not reliant on any singular supply chain. The iodine we produce will cater to both domestic and international markets, offering 99.6% purity. The current US demand for high-quality iodine exceeds the domestic production capacity threefold, with a surplus demand met through imports totaling 5,000 tons annually. The current market price for iodine stands at $65/kg, with an anticipated growth rate of 5-10% annually, primarily driven by the healthcare industry. Long-term supply-driven contracts spanning 5+ years, based on volume or offtake, underline the iodine market dynamics. We've secured several reputable offtake contracts for up to the facility's lifetime (15 years), and a portion of the produced iodine will support downstream operations, including the production of a monocrystalline Cesium Iodide (CsI, CAS No. 7789-17-5), Sodium Iodide (NaI, CAS No. 7681-82-5), and Lithium-6 (6Li, CAS No. 14258-72-1) isotope.