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Nordic Halibut secures $21m loan for key facility, adjusts long-term target

The firm's updated target of 10,350t by 2031 reflects its new strategy to grow fish larger than 6.5kg before sales, which it hopes will yield significant premiums

By Dan Gibson | Nov. 16, 2023 10:37 GMT
Credit: Nordic Halibut
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Nordic Halibut has secured financing of NOK 230 million ($21.2m) towards a land-based facility in Tingvoll, Norway, allowing the firm to move towards phase two of its 10,350 metric ton growth plan. [...]

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