Asparagopsis aquaculture to reduce emissions in livestock
Following research conducted by CSIRO in Australia, in conjunction with James Cook University, and Meat and Livestock Australia, SeaFeed R2G have established a land based aquaculture facility to produce the methane reducing stock feed additive, bromoform, that is contained in the sea weed Asparagopsis.
The site of 114 Hectares ( 281 acres) situated on the Spencer Gulf in South Australia has the climate to produce both naturally occurring local varieties of Asparagopsis ( Taxiforma and Amarta). Existing and significant earth works on site are already in place, ensuring application use is in place and ongoing for aquaculture.
The methane reducing qualities of this product is well documented by CSIRO (www.research.csiro.au).
Proposal is to develop carbon neutral, state of the art facility from production to distribution with a significant in-house laboratory for testing and analysis, seaweed nursery, growing areas, drying facility and packaging.
Working closely with Department for Trade and Investment (DTI), South Australian Research and Development Institute (SARDI), Primary Industries Regions SA (PIRSA) and local community.
No documents provided.
Project status update
R&D ponds are in place, along with some equipment to establish the propergation, growing and harvesting methodolgies and processes.
licences and permits are being processed
Investment sought: A$500K - A$2M
- Global demand, scientifically proven (www.research.csiro)
- Local Community and State Government support
- Directors with experience in aquaculture, earthmoving, marketing, production systems, building, organic food production, financial management and taxation, exit strategy for Investor
- SeaFeed R2G Pty Ltd
- BPS Advisory
Expected start date
July 01, 2021
Expected end date
Funding round finish date
April 29, 2022