Tassal buys land for $30m RAS facility to grow larger smolts

(08/20/19)

Tassal Group has purchased land and started the approval process for a recirculating aquaculture system (RAS) facility for salmon smolt, the company said as it reported impressive annual results and outlined a big shrimp investment plan.

The Australian salmon and now shrimp farmer plans to use the RAS smolt facility to grow larger smolt of up to 1 kilogram, or “more smolt as Tassal’s existing or new lease requirements dictate”. 

Tassal estimates the facility will cost..........................................................


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