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Asia

Proximar raises farm capex estimate ahead of first hatchery release

Land-based salmon farm Proximar Seafood has raised its total capex estimate for the project by 6% to NOK 1.1bn, but expects much of this to be offset by raising debt in JPY

By Undercurrent News | Feb. 24, 2023 10:04 GMT
The current state of construction at Proximar's Japanese land-based salmon farm, as of the end of December 2022. Credit: Proximar Seafood
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