JBS invests BRL 400 million to expand salmon production in Australia

JBS will invest 110 million Australian dollars (over BRL 400 million) in the salmon farming operation of Huon Aquaculture at Whale Point, Tasmania, to enhance land-based fish farming development. The funds will be used to construct a hatchery capable of producing over 7 million fish. The construction is expected to begin in 2025, with completion slated for 2027.

The expansion of the Whale Point facility will allow Huon to raise fish for longer periods in tanks, on land. This will enable the fish to be sent to the sea at larger sizes, spending less time in the marine environment. Huon pioneered the use of such facilities in Tasmania, with the opening of its first nursery at Whale Point in 2019.

“The project reinforces Huon’s innovative and pioneering profile. The salmon will spend most of their production cycle on land thanks to the strengthening of our installed capacity. The investment also increases the water reuse rate at the facility, now reaching 99%. The remaining percentage is used in other stages of production: the waste is treated and applied as fertilizer in cherry production by local farmers,” explains Henry Batista, CEO of Huon. In total, 150 jobs will be created during the construction of the facility. Currently, Huon employs over 1,000 people in Australia.

The company prioritizes a circular economy. Processing waste is turned into feed, pet snacks, and compost, becoming the base for fertilizers. Huon’s operations are notable for monitoring the activities at their production sites.

• Huon
• Investments
• JBS Australia
• Salmon