Four more tanks handed over to Salmon Evolution
Fish farmer now has eight phase-2 tanks in operation. There are four more to go.
Norwegian land-based fish farmer Salmon Evolution is continuing to progress the ramp-up of production in phase 2 of its hybrid recirculation / flow-through facility at Indre Harøy, in Møre og Romsdal county, having recently completed the handover of four new tanks from contractors, it said in a stock market update today.
The handover brings the total number of tanks in operation in phase 2 to eight, with a further four still to be handed over. Two of those will be taken into operation later this quarter and the last two tanks will become operational in Q1 2027.
Salmon Evolution said preparations for the next smolt stockings in phase 2 are well under way.
Approximately 560,000 smolt are scheduled to be stocked over the coming weeks, bringing total planned 2026 stocking volume at Indre Harøy to around 2.8 million, compared to around 1.7 million in 2025.
The company said it is focused on delivering phase 1 and phase 2 production targets and converting higher production into lower unit costs. It is guiding for a harvest volume of 11,000-12,000 tonnes (head on gutted) in 2027 and targets run-rate farming EBITDA costs of NOK 60-65 per kilo by mid-2027.
