The integrated annual report, which includes Andfjord Salmon's company's approach to environmental, social and governmental (ESG) topics, is enclosed to this announcement and also available on the company's website: https://www.andfjordsalmon.com/en/our-investors/reports-and-presentations/
Andfjord Salmon’s goal is to develop the world’s most sustainable and fish friendly fish farming facility. The results from the company’s first production cycle, which was completed in
“I have been engaged in the seafood industry most of my life. With this as backdrop, I know that favourable biological conditions for the salmon, and a sustainable coexistence with our local ecosystem at Andøya, is the key to success. The results from our first production cycle strengthened my belief in this philosophy,” adds
OPERATIONAL UPDATE
Andfjord Salmon is currently developing its Kvalnes facility, where it targets an initial production capacity of 8,000 tonnes (HOG – head-on gutted) from 2025 for the first build-out phase. At Kvalnes, the company is targeting a total production capacity of 40,000 tonnes (HOG) through gradual increases between 2025 and 2030.
For the current build-out phase, Andfjord Salmon will complete four pools, bringing the total to five. Excavation of the pool pits was completed in late January. Since then preparations for pool construction, including establishment of the facility that will produce the pool components, have been successfully executed. The concrete works will now commence – ahead of schedule.
The two other ongoing workstreams – waterways and harbour area – are also progressing as planned. This is shared infrastructure that will support a future production of 40,000 tonnes at Kvalnes.
“The tunnel progress is good. The character of the bedrock is solid and in line with the pre-construction analyses we conducted,” adds Rasmussen.
Contacts
- Investors:
Bjarne Martinsen , CFO,Andfjord Salmon AS , +47 975 08 345, bjarne.martinsen@andfjord.no -
Media:
Martin Rasmussen , CEO,Andfjord Salmon AS , +47 975 08 665, martin@andfjord.no
About Andfjord Salmon
Located at Andøya on the Arctic Archipelago of Vesterålen,
Attachments
- Andfjord_Salmon_Annual_Integrated_Report_2023.pdf
© NTB Norway, source