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New Icelandic firm plans $400m land-based salmon project

The new salmon farming company Geo Salmo, run by Icelandic investors, is in the process of planning an ISK 50bn plant with a production capacity of 24,000t

By Undercurrent News | Feb. 21, 2022 10:05 GMT
Iceland salmon farm. Credit: Bjorgvin Thor Bjorgvinsson of Islandsstofa
Iceland salmon farm (Westfjords). Credit: Bjorgvin Thor Bjorgvinsson of Islandsstofa
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Icelandic aquaculture company Geo Salmo is planning to build an ISK 50 billion ($403.4 million) land-based production facility with a capacity of 24,000 metric tons in Thorlakshofn, a town on the southern coast of Iceland in the municipality of Olfus.  [...]

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