Nova Austral to stock 1 to 3 million fewer smolts due to regulatory sanctions

Due to sanctions applied by SMA, Chile’s environmental authority, Nova Austral said it now estimates it will stock between 4.5 and 5.5 million salmon smolts this year, down from its previous projection of between 6.5 million and 7.5 million smolts. In July 2022, SMA accused Nova Austral of overproduction between 2015 to 2017 at three salmon grow-out centers in the Alberto de Agostini National Park. In response, it moved to revoke the environmental license for those centers and apply a fine for…