12/07/2016 - 15:19

Seafarms to upgrade Exmouth facility

12/07/2016 - 15:19

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Perth-based Seafarms Group has commenced a $1.2 million upgrade of its prawn quarantine facility in Exmouth, which forms part of its Sea Dragon prawn aquaculture project.

Seafarms to upgrade Exmouth facility

Perth-based Seafarms Group has commenced a $1.2 million upgrade of its prawn quarantine facility in Exmouth, which forms part of its Sea Dragon prawn aquaculture project.

Seafarms said today the first stage of the facility’s upgrade would be completed in the third quarter of the year, and would play a critical role in the company’s commercial breeding program for its $1.5 billion Sea Dragon project.

“The facility will be used to introduce, hold, rear, test and screen wild broodstock animals for any economically important pathogens,” Seafarms said.

“Once established as pathogen-free, the animals will then be moved to Sea Dragon’s core breeding facilities, where they will be used to develop a domesticated breeding population of animals.

“The domesticated population will be used to produce juvenile prawns which are then transferred into Sea Dragon’s commercial grow out production ponds at Legune.”

Seafarms said the Exmouth was chosen as the location for its facility as it was isolated from other aquaculture activities, and would require three initial full-time staff.

Last month, Seafarms raised $10 million from investors to fund the expansion of Sea Dragon.

Seafarms shares were 9.7 per cent higher to 9 cents each at the close of trade.

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