News post-smolt
Salmon Evolution says Indre Harøy salmon growing ahead of schedule

A little over a month after its second smolt release, Salmon Evolution reports that fish at its Indre Harøy, Norway recirculating aquaculture system (RAS) facility are growing strong and ahead of schedule.

Back in July 13, the Norwegian land-based aquaculture company released 230,000 smolt with an average weight of around 125 grams at the facility.

“Strong batch 1 biological performance with growth well exceeding expectations,” a post in Salmon Evolution’s website said Aug. 18. “Average weight around 20 per cent ahead of plan and already ~2.3 kg as per 15 August – on track for first commercial harvest in Q4 2022.”

The company also said the fish do not exhibit any off flavours.

“Extensive quality testing confirming confirming good fish health and filet quality, firm meat texture, nice and consistent red meat colour, no maturation issues and excellent salmon taste,” Salmon Evolution said.

Other highlights for the current quarter include:

• North America expansion plan was launched and increasing long term production target to 100,000 tons
• Indre Harøy phase 2 preparations continue. This includes monitoring market development and targeting cost savings
• Completed NOK 300 million private placement to partly fund planned Indre Harøy phase 2 build out and smolt facility expansion

The first smolt release at the Indre Harøy facility was done in March this year comprising around 100,000 smolt with an average weight of around 300 grams. By June 30, the fish had reached an average weight of around 1.5 kg, significantly exceeding our expectations. The strong performance has continued into the third quarter and the fish now have an average weight of around 2.3 kg, confirming that we are on track for first harvest in Q4 2022.