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"Strong momentum continues," says the Norwegian land-based salmon producer, with results exceeding expectations and above industry benchmarks.

With exports over USD 6.5 billion, Chilean salmon has established itself as the country's second most exported product.

Since 2022, the Norwegian group has already owned 51% of the shares and largely operated this previously family-owned salmon farming company.

The Norwegian aquaculture company has announced a revised partnership with Dongwon Industries, with responsibility for development and financing shifted to the South Korean partner.

Founder and CEO Kjell Lorentsen said the result marked "an important milestone that confirms our land-based solution is performing as planned."

Bue Salmon, which operates a pilot facility in Bulandet, says its planned facility will have an annual production of 50,000 to 60,000 tonnes, and has recently appointed a new Development Director for ...