Iceland-based seafood giant Samherji, which is building a 40,000 metric ton land-based salmon farm in Reykjanes, Iceland, has had its environmental assessment report approved by the Icelandic authorities, a key milestone in the development of the project.

"There was nothing in the report that we had not addressed and there are no new concerns regarding the development," Samherji fish farm Manager Jon Kjartan Jonsson told IntraFish.

"We are now in our design phase and hope to break ground this autumn," he said.