Nordic Aqua Partners has issued an operation update.
Nordic Aqua, an Oslo-listed land-based salmon farming with its first farm located in China, has announced its production results from the first operational quarter.
The company reported a total harvest volume of 523 metric tons HOG for the second quarter.
The first commercial harvest began in mid-April, with the company harvesting 43 tons in April, 134 tons in May, and 345 tons in June. The average weight of the harvested salmon was 4.54 kg HOG, with 99 percent of the harvest classified as superior quality salmon.
“We are pleased about the highly sustainable biology, the low mortality, and the large share of superior quality. The production in the quarter was good, however somewhat affected by starving and handling related to harvesting,” said Ragnar Joensen, CEO.
Nordic Aqua is currently focusing on building market distribution and brand exposure, particularly in the premium segments, to optimize the value achievement of their product, Nordic PureAtlantic.
Based on the second quarter volumes and current harvest data, the company expects to harvest 2,800-3,000 MT HOG in 2024, corresponding to a volume of 2,300-2,500 MT in the second half of 2024. This is somewhat higher than the annual normalized capacity of 4,000 MT for Stage 1.
