Canadian RAS start-up Gold River Aquafarms lands federal approval

It’s all systems go for Gold River Aquafarms, a recirculating aquaculture system (RAS) company based in British Columbia, Canada, after it received an aquaculture permit from the country’s Department of Ocean’s and Fisheries (DFO).

Gold River Aquafarm’s (GRA) $100 million-project aims to build a 3,000 metric ton RAS facility for raising steelhead trout. When completed, the facility will be Canada’s largest land-based fish farm, according to the company.

The facility will be built on the site of a de-comissioned paper mill. GRA said it saved $15 million in capital by repurposing the mill infrastructure, including several large warehouses as well as water and power systems…