Annual Report

The report describes Proximar Seafood as an early-stage land-based Atlantic salmon developer building a 5,300-tonne Phase 1 RAS facility in Japan, with first harvest planned for 2024. During 2020, it secured permits, raised NOK 50 million, agreed a fixed-price construction contract with Daiwa House, and brought Nutreco in as investor. Its sustainability discussion emphasizes reduced air-freight emissions, 99.7 per cent water recirculation, renewable electricity certificates, wastewater treatment and circular waste ambitions, although these are largely plans for future operations rather than current operating metrics.