Australis Seafoods moving forward with $60 million salmon processing plant in Magallenes

Salmon farmer gets green-light from authorities.

With a thumbs up from Chile’s environmental agency (SEIA), Australis Seafoods will now be able to move ahead with its multimillion dollar processing plant.

The company sent its Environmental Impact Statement last year in March to build the site at Puerto Natales, in the Magallanes and Chilean Antarctica Region.

When complete, the seven hectare plant will be able to “process 71,280 tons of raw material per year, which will be packaged and shipped to their destination markets,” the company said.

In November, China’s Joyvio Group, a subsidary of Legend Holdings, bought 94.47% of Australis Seafoods for USD 880 million. The deal has been given until April of this year to settle.