Barramundi Group Australia, the trading name of Marine Produce Australia, has announced its 10-year staged expansion project, the Kimberley Ocean Barramundi Project. The project is expected to have a capital spend of around $350 million, with significant expenditure into the local economy, including creating 350-400 direct jobs and local business opportunities for the region as production increases.
Application Process
The company’s Kimberley Ocean Barramundi Project (the Project) application was referred to the State Environmental Protection Authority (EPA) in May which was followed by an initial consultation period and preliminary evaluation to determine the level of assessment for the proposed expansion. The EPA has now determined a level of assessment for the project.
The determination can be viewed here – https://www.epa.wa.gov.au/proposals/ocean-barramundi-expansion-project.
The Department or Primary Industries and Regional Development (WA) (DPRID) are reviewing the Aquaculture License application, this has been open for public comment: Ocean Barramundi Expansion Project | EPA Western Australia. The company is awaiting feedback on the proposal from the Environmental Protection Authority.
The Project was also referred to the Department of Agriculture Water and the Environment (Federal), DAWE and a further opportunity for public comment is expected to commence soon through the Department’s website. Our stakeholders will be notified once advertising commences.
Barramundi Group has made applications to the Department of Primary Industries and Regional Development (DPIRD) for the grant of 13 Aquaculture leases to support the expansions. The leases are located within the Country of the Mayala and Dambimangari People.
“BGA is proud of its 18-year history, environmental credentials, and record in the region. The learnings from our current operation have given us the confidence that we can grow in harmony with local flora and fauna, enhance biosecurity and provide even more jobs and opportunities for local communities in this remote part of Australia.”
Stakeholder Engagement
Barramundi Group is committed to developing strong partnerships with Traditional Owners, local communities, and businesses throughout its current and planned expansion in the Kimberley.
Barramundi Group respects the deep, continuing connection Traditional Owners have to the land and waters where it operates and proposes to expand. Barramundi Group will be seeking to engage with Traditional Owners, aligned with the stage expansion, to secure the free, prior, and informed consent through voluntary agreement where the proposed expansion impacts on the Native Title rights and interests of Traditional Owners.
Barramundi Group will continue to engage with State and Local Government, local community, and business to create opportunities to engage in the project approvals process, and subsequently into project development and operations.
“Our vision is to be considered leaders in the field, and to also apply innovative technologies to our operations. Most importantly, we want the communities that we support to be proud of us as a producer, employer, and partner.”
Design
We have completed the initial design for our new BTAP nursery in Broome. The drawings are currently being reviewed by a building certifier to ensure building code compliance.
“We encourage people to engage with us, and to look on our website for updates on the progression of our Kimberley Ocean Barramundi Project.”
For media and investor inquiries, please contact:
Andreas von Scholten
Chief Executive Officer
Barramundi Group
Phone: +65 6261 0010
Email: investors@barramundi.com
Helen Chow
Chief Financial Officer
Barramundi Group
Phone: +65 6261 0010
Email: investors@barramundi.com
Company investor centre
https://barramundi.com/investors/
About Barramundi Group
Barramundi Group brings great-tasting premium quality fish to the world, with sustainability at our core. The Group’s mission is to help close the world’s protein gap by tapping into the potential of barramundi. Through their pioneering, world-class research and technology, their sustainable best practices enable them to produce responsibly-farmed barramundi while safeguarding the world’s oceans and environmental resources.
As the one of the largest barramundi producers in Asia Pacific, Barramundi Group operates through a unique end-to-end aquaculture model, with comprehensive in-house capabilities ranging from vaccine development, end-product innovation and processing, to hatchery facilities.
The Group also boasts a robust commercial reach across key markets including Singapore, Australia, China, Hong Kong, South Korea, and the U.S. Barramundi Group’s future growth plan looks to tap into the growing global demand for barramundi and the overall consumer trend towards sustainable consumption, which is projected to increase exponentially over the next five years.