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Fremantle-based SeaStock has been awarded a licence to begin commercial production of Asparagopsis, targeting food, pharmaceutical, cosmetics and agriculture markets.

The company has gained approval for non-lethal blood sampling in Norwegian salmon farming while renewing work with Bue Salmon and signing a new partnership with Andfjord Salmon.

Located in Sunderbyn, Luleå Municipality, it will start by producing Arctic char, although the permit also covers salmon and rainbow trout.

Thanks to the collaboration signed with BKK, a Norwegian energy and power grid company, the continued progress of the project is secured.

Its subsidiary, Japan Salmon Farm Co., will set up the new venture through a joint investment with Hiyama Fisheries Cooperative Association and Yakumo Town.

Endúr's subsidiary will be the turnkey supplier for Salfjord's oceanfront aquaculture facility at Tjeldbergodden, Norway.