Norwegian flow-through land-based farmer Salmon Evolution is proceeding on course for its first smolt release in the first quarter of 2022, it stated in its third-quarter financial update.

Since the groundwork at its planned facility on the island of Indre Haroy began in May 2020, phase one of construction has developed according to plan and on budget, the firm said. It has now assembled 10 of the 12 initial tanks, with the remaining two to be completed in Q4 [...]