The company attributed the better-than-expected growth to the quality of Proximar’s production facility and farming competence.
Land-based salmon farmer Proximar Seafood has given its first production update following the successful initiation of production of Atlantic salmon in its Oyama-facility in Japan in October 2022.
As of Q3 2023, the standing biomass was reported at 11.5 metric tons, a significant increase from 1.4 tons at the end of Q2.
CEO Joachim Nielsen attributed the better-than-expected growth to the quality of Proximar’s production facility, technology, operational structure, and farming competence.
The company, utilizing RAS-technology based on that in operation at AquaMaof’s site in Poland, reported stable and good water quality contributing to strong performance.
Seven production batches are currently showing strong growth, exceeding expectations, with the first transfer to the post-smolt grow-out facility planned for Q4 2023.
Proximar targets a long-term harvest level of 5,300 tons (HOG) per year in its Phase 1 operations. Nielsen expressed satisfaction with the biological development, noting stable system performance and lower than expected mortality rates.
The company is on track for its first harvest in Q3 2024.
Proximar, located at the foot of Mount Fuji, began its production with the insertion of its first batch of eggs in October 2022 and plans to provide quarterly production updates henceforth.