US Abalone Deal Nets $100m for Eyre Company

The business, located on the Eyre Peninsula, is one of only a few off-shore abalone farms in the country and has started harvesting commercially this year.

The company's chief executive officer Andrew Ferguson told ABC News that it will send up to 300 tonnes of abalone a year to the US.

"The major market traditionally for the last decade has been into Asia and significantly into Hong Kong and China," he said.

"We've always wanted to open up other markets or reopen other markets.

TheFishSite News Desk

Sign up for our
regular news updates

Latest Industry News

•   Tracking the Celtic Cod: Interesting Data Patterns
•   Malta to Set up Aquaculture Institute in Ondo
•   'Organic' Fish Label Approved by Advisory Panel
•   Fish Farmers to Take a Bite From EU Fund
•   Sowing the Seed of Prawns in Andhra Pradesh
•   Discovery of Thorny Catfish in Brazil
•   Irish Approach to Cod Recovery Plan Approved by EC
•   IMR Hear Abundant Krill in Southern Ocean
•   Investigating Health Benefits of Seafood in China
•   Salmon Saviour Honoured by Federation