Salmon

Will Iceland's $3.5 billion bet on land-based salmon farming pay off?

The fast-moving sector needs $3.5 billion to reach its goal.

Laxey, the land-based hybrid flow-through system being constructed on the main island of the Vestmannaeyjar archipelago on the south coast of Iceland, is planning around 40,000 metric tons of production upon completion.
Laxey, the land-based hybrid flow-through system being constructed on the main island of the Vestmannaeyjar archipelago on the south coast of Iceland, is planning around 40,000 metric tons of production upon completion.Photo: Drew Cherry/IntraFish
Editor, IntraFish.com
Published 5 June 2025, 02:28Updated 5 June 2025, 21:21
Land-based salmonFarmed salmonSamherjiFirst WaterLaxey