First fish to be harvested next year.
RUV reports that construction work has begun at Landeldi, billed as the “largest aquaculture facility in Iceland”.
The site, built in an old quarry, is based in Thorlakshofn, South-Iceland. Landeldi managing director Ingólfur Snorrason told the publication that the site has been approved for about 6,000 tonnes of annual production, but that it aims to produce over 20,000 tonnes longer term.
20,000 tonnes of exported salmon, mainly the USA market, could bring in around EUR 132 million, said Snorrason.
Snorrason added that the company has already started producing fish and that they will be ready for harvest and sales by the end of next year.