Atlantic Sapphire, developers of the closely watched land-based salmon farm under development in Miami, is on track to harvest its first fish within two years, and the metrics point to a cost base that makes it competitive with conventional salmon, Jose Prado, CFO of the company, told attendees at the recent IntraFish Seafood Investor Forum in New York.
The facility has an ultimate capacity of 90,000 metric tons, but the first phase is projected to produce 10,000 metric tons, he said.
