In the last quarter of 2020 we teamed up with our great partners, ISOR (Iceland Geo-Survey) and Ræktó (drilling company). Four test boreholes were drilled down to depths of 94m and all of them met or exceed our expectations. Those results were in line with water quantity and quality from boreholes drilled in the the last three decades.

On August 20th, 2020 the Icelandic authorities (EIA) approved the environmental impact assessment for 3.450 tons MAB. It allows us to produce over 6.000 tons of Landeldi Salmon per year. This crucial milestone is absolutely huge for the Icelandic nation. It is the first big-scale, land-based salmon venture in Iceland to be approved. Landeldi has already applied for increasing the EIA allowing it to produce approximately 20.000 tons per annum.