Chile's salmon industry will need around $1 billion (€685 million) to recover the estimated 300,000 tons of biomass lost to the infectious salmon anemia (ISA) virus.

AquaChile President Victor Hugo Puchi says about $1 billion will be needed to recover the lost biomass.

Jorge Claro -- who was in charge of drawing up the report the banks had to consider to assess the financial viability of Chilean salmon companies before renegotiating their loans -- says the industry will need $750 million (€514 million) to return to the output levels seen before ISA decimated the industry.

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