Search Results

The equity raise will be used to finance design and engineering work on its aquaculture facility, which is planned to produce 6,000 tonnes of rainbow trout per year.

According to the Norwegian company, this change has resulted in mobilization costs of approximately NOK 20 million.

The building application for the modern land-based recirculating aquaculture system (RAS) is now available for public review.

"The confirmation of when Salfjord can start production is a crucial milestone for the investment decision," said the company's Chair, Jan Harald Hauvik.

NTT Green & Food has announced the construction of a new facility in Kesennuma, Miyagi Prefecture, in collaboration with RAS expert AquaBioTech Group.

The company says the milestone marks completion of its first full production cycle from egg to harvest in less than two years.