Western Australian Resources Limited (WARL) has acquired the Marine Farms Pty Ltd aquaculture site in Exmouth Gulf, Western Australia, to meet its 100,000 tonne per annum farmed prawn production target.
The company, a subsidiary of CO2 Group Limited, says that the purchase of this facility is another key step in the advancement of WARL’s Project Sea Dragon (PSD) – the development of a new world class black tiger prawn aquaculture industry in northern Australia.
Marine Farms has aquaculture licences, water systems and infrastructure in place, which WARL will upgrade and convert to hold, rear, breed and test animals for disease status prior to introducing them into the PSD production system.
WARL’s managing director, Mr Robert Bell, said “The purchase of Marine Farms Pty Ltd in Exmouth provides us with a highly biosecure site with access to high-quality water from Exmouth Gulf enabling the development of the prawn broodstock facility – a critical component of our black tiger prawn commercial breeding program for PSD.”