KEY MILESTONE REACHED FOR ICELANDIC SALMON FARMER

Key milestone reached for Icelandic salmon farmer

Arnarlax, a company wholly owned by Icelandic Salmon, has been informed that the Icelandic Food and Veterinary Authority (MAST) and Environment Agency of Iceland (UST) have advertised a licence to be issued to Arnarlax of a salmon farming license in Ísafjarðardjúp.

The license will be for 10,000 tonnes maximum allowed biomass of sterile salmon.

“This announcement marks another a significant milestone for us. It has been a long process, and we are glad to see our application now moving forward towards the finishing line. We are excited about the future and ready to utilize this opportunity for further sustainable growth,” says CEO Bjørn Hembre.

The license is under consultation until 2.4.2024 on MAST and UST’s homepages: https://www.mast.is/ and https://ust.is/.

During the consultation period, comments and feedback is invited, and may result in modifications or withdrawal of the license. The formal and final decision will follow up to four weeks after the end of the consultation period.

With this new 10,000-tonnes license, Arnarlax will have a total license capacity of 33,700 tonnes, divided into 23,700 tonnes of fertile salmon in Arnarfjörður, Patreks and Tálknafjörður, and 10,000 tonnes of sterile salmon in Ísafjörður.

Arnarlax will provide further updates once the consultation period is ended and the final decision on the license has been reached.

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