The company currently has ten batches of salmon in production, and is aiming for a long-term harvest target of 5,300 tons.
Land-based salmon farmer Proximar Seafood has released its second production update since commencing operations at its Oyama facility in Japan in October 2022.
As of Q4 2023, the Oslo-listed company’s standing biomass reached 40.7 metric tons, marking a significant increase from the 11.5 tons recorded at the end of Q3, according to a stock exchange announcement issued last week.
Joachim Nielsen, CEO of Proximar, expressed satisfaction with the continuous positive development of the biomass.
“In December we also transferred the first fish to our grow-out facility, which was another major milestone,” said Nielsen. “Ahead of this, we reduced temperatures in the nursery department to lower growth rate and secure adequate flexibility for the timing of this transfer.”
Despite an initial limited feeding capacity, Nielsen remains confident about the company’s progress.
“During start-up of the grow-out facility we have limited feeding capacity until the biofilter is matured. The combination of this impacted growth slightly. However, we remain on track for first harvest in the third quarter this year,” he said.
The company currently has ten batches of salmon in production, and is aiming for a long-term harvest target of 5,300 tons (HOG) annually in Phase 1.
The first batch of eggs were introduced to the facility in October 2022, the company is on course for its first harvest in Q3 2024, according to its latest update.
Further details will be available in Proximar’s full Q4 2023 report, scheduled for release on 23rd February 2024.
