Grown and ‘hand-plucked’ from a natural, safe and sustainable habitat.
We have developed the world’s first commercial greenlip abalone sea ranching facility. We build our own artificial abalone reefs (called abitats) on our leases in the pristine waters of Flinders Bay. We place hatchery reared juvenile abalone on them – then let nature (with a little help from our divers) do the rest to produce this marine delicacy. A totally natural, ‘wild-harvest’ product. Because we have some control of the process we can harvest to market demand to whatever size the market requires. We call this aquaculture technique sea ranching.
ASX : OGA
Hatchery reared juvenile greenlip abalone are placed on our custom built reefs in the pristine waters of Flinders Bay. Our leases are situated in areas where wild abalone is in abundance. Nature (with a little help from our divers) does the rest to provide a premium product.
Green Lip Abalone
Our ranched abalone is a totally natural, 'wild-harvested,' premium product. The abalone is grown in its natural habitat, the ocean. It feeds on seaweed as do wild abalone.
Triple MMM: Esperance the next Abalone Hub of Australia?
It may be a couple years in the making but Esperance is taking the first tentative steps towards becoming the abalone hub of Australia. With a community workshop tonight (Wednesday, March 6) at 530 at the Esperance Bay Yacht Club, Esperance residents have an opportunity to provide input and show their support or opposition of the possible new industry.
Ocean Grown Abalone have been researching and investigating prospective locations across the state and have arrived at a 34 hectare parcel of land opposite the current Esperance Waste Management site at Wylie bay ideal for an onshore abalone hatchery.
Ocean Grown can move on with a feasibility study of the spot after securing a 12 month lease off the Shire of Esperance, who own the land.
The industry would provide a huge economic boost to the local community, and the General Manager of Ocean Grown Abalone, Brad Adams, is (fairly) confident the facility’s construction could begin at some stage during 2020.
He spoke to Sean on the Triple M Esperance Breakfast Show.
‘Abalone farming today is very profitable in Australia. I believe we have selected a very suitable location, it’s very close to a town, it’s large enough to scale the business up’
The size of the business in Esperance is significant, and could be the largest operation in Australia, according to Mr. Adams.
‘Stage one we plan to be growing around about 250 tonnes of abalone (per year), plus supplying juvenile seed for our abalone ranches in Augusta and Wylie Bay’
Esperance Express: Ocean Grown Abalone venture hatched
Less than a week after the Esperance Shire Council gave the project in-principle support, Ocean Grown Abalone has begun community consultation over a proposed hatchery at Wylie Bay.
The shire have already begun seeking community feedback to lease 34 hectares of land about 10 kilometres from the town centre for the proposed land-based development following the council decision on February 26.
Subject to the feedback, the company are expected to enter a 12-month lease to carry out a feasibility study to assess the land's development potential.
Dept of fisheries: Diving deeper into exports with new abalone processing facility
Ocean Grown Abalone’s new storage and processing centre opens at Augusta
$3.4 million facility supported with almost $500,000 in McGowan Government grants
A purpose-built storage and processing facility opened today at Augusta Boat Harbour will allow the world’s first commercial greenlip abalone sea ranching business to meet growing international demand for the ocean-grown delicacy.
Agriculture and Food Minister Alannah MacTiernan today officially opened Ocean Grown Abalone’s (OGA) new building, which was supported with a $485,000 contribution from the McGowan Government.
Built to export standards, the facility unlocks growth opportunities for the business by allowing it to process greater amounts of its locally-harvested product.
The old processing facility experienced bottlenecks, restricting the volumes divers could bring back.
Streamlining processes and the utilisation of new technology will result in additional value-added lines for retail and food services in both Australia and export markets being introduced.
In particular, the ability to deliver abalone straight from the ocean to live tanks onsite will unlock opportunities for OGA to increase live abalone for the export market.
The facility includes closed-circuit seawater holding tanks, a holding freezer and chiller room.
The construction of the building was led by South West firm Big Ben Builders, which provided local employment and subcontract opportunities.
The McGowan Government provided funding towards the new facility through its Regional Economic Development Grants, Grants for Asian Market Export, and Value Add Agribusiness Investment Attraction Fund.
ABC: Abalone and other aquaculture industries revitalising WA tourist towns with 'gold rush food'
Western Australia's growing aquaculture industry is revitalising small tourism towns on the state's south coast by providing an alternative to seasonal work.
Year-round employment now offered by aquaculture in many WA towns is trumping seasonal and tourism-related industries
The State Government is looking to the sector to help fulfil its promise of 30,000 new regional jobs by 2023-24
One abalone firm is now the largest employer in Augusta
Within a decade, aquaculture has become the biggest employer in the seaside communities of Bremer Bay and Augusta.
Their story reflects the broader aspirations of the industry and the State Government, which is looking to the sector to help fulfil its promise of 30,000 new regional jobs by 2023-24.
Government stimulus has provided the foundation for the industry's growth, but further private investment is needed to help other coastal communities share the benefits.
The West Australian: Abalone Firm well placed
A year since listing on the stock exchange, Augusta’s Ocean-Grown Abalone is going from strength to strength.
The company reported an annual profit of $2.4 million this year, and completion of important infrastructure work — as well as a pending development in Esperance — has helped the Augusta Boat Harbour-based operator deliver 95 per cent of its products to markets in China and South-East Asia.
Managing director Brad Adams said the extension of business plans to Esperance and the abalone “ranch” off Flinders Bay positioned the company well.
“OGA now has all the elements in place for future growth and profit: a new processing facility to handle greater harvest volumes, a new development in the pipeline at Esperance and a substantial increase in abalone biomass at our Flinders Bay Ranch,” he said.
The company said its new processing facility streamlined production at the boat harbour, making dive operations and harvesting more efficient.
The financial result would “see the business really grow and bring in revenue” for investors.
The Esperance plan would develop a separate abalone hatchery and grow-out facility, Mr Adams said. “Subject to satisfactory results in the feasibility study,” Mr Adams said, “achieving all the necessary approvals and with shareholders’ support, the Esperance development is expected to be one of the most significant onshore abalone developments in Australia, in an international marketplace, placing Australian food products in high regard.”
Stockhead TV - 90secs with Brad Adams
Got 90 Seconds? Then listen to Ocean Grown Abalone managing director Brad Adams discuss the company’s expansion plans and growth opportunities.
Ocean Grown Abalone (ASX:OGA) is a company focused on commercialising abalone found in Australia. In particular, it farms greenlip abalone in what it calls ‘ranches,’ built in Flinders Bay in the Margaret River region in WA. The shellfish is grown on artificial reefs it calls ‘Abitats.’
The company has a whole heap of activities coming up in 2019, including a launch of an export strategy into South East Asia and a pre-feasibility study of a property it bought in Esperance, WA.
Stockhead spoke to Ocean Grown Abalone managing director Brad Adams at last week’s Microcaps Conference in Sydney.