Page 2 - Nova Austral News Today

One of the world’s last remaining natural paradises is being damaged by the expansion of salmon farming in Chile, scientists and environmentalists have warned.

A Chilean court has ordered a halt on Punta Arenas, Chile-based salmon farmer Nova Austral’s plan to transfer some of its farming sites.

Chiles Council for the Defense of the State has filed a suit against Nova Austral seeking compensation for environmental damage it allegedly caused.

Altor has purchased Bain Capitals stake in Nova Austral as the salmon farming company faces a

Nova Austral, facing scrutiny from environmental regulators over past practices, is also having to deal with another issue: lack of cash.

Chile’s Superintendence of the Environment (SMA) has opened a new sanctioning process against salmon-farming firm Australis Mar.

Nova Austral is downsizing its smolt production after being sanctioned by Chiles environmental watchdog.

Salmon farming industries must move out of protected areas was the controversial phrase from Chilean president Gabriel Boric during his latest visit to Magallanes region, the extreme south of the country.

Chiles National Fisheries and Aquaculture Service has stepped up its enforcement of environmental regulations, fining multiple salmon farmers.

Chile-based Nova Austral claimed in legal filings it may need to close its operations in the country if sanctions levied by the government go forward.