NORTH QUEENSLAND PRAWN FARM DEVELOPMENT Presentation to Mackay Isaac Whitsunday Regional Projects Forum
TASSAL We’ve led Tasmania’s aquaculture industry for over 30 years and created jobs, regional growth and stronger local economies � Australia’s leading seafood provider and largest producer of fresh salmon products � ASX listed with a market capitalisation of circa $750m � Tassal is committed to taking a leadership role in sustainability in aquaculture and seafood sourcing � Employs 1500 people (~1100 in Tasmania)
TASSAL � Australia’s seafood industry is worth ~ $3 billion � Wild catch cannot meet growing consumer demands - which is why aquaculture is so important � 60% of Australia’s aquaculture is produced in Tasmania, and prawns and salmon combined represent 70% of the Australian retail seafood category. � Approx. 40k tonne of the 60k tonne of prawns consumed in Australia is imported, farmed is only 4k tonne. � Tassal wants to grow the portion of Queensland prawns consumed to grow the industry Australia’s leading seafood provider and largest producer of fresh salmon products
PRAWN FARM AQUISITION � Tassal acquired the land, assets and inventory of the Fortune Group for $32m � Three prawn farms located at Proserpine and Mission Beach (QLD) and Yamba (NSW) � Tassal committed to a $34 million development program � The aim is to increase yield to 3,000 tonnes pa � Total existing pond infrastructure ~270ha � We will be looking to build from this foundation
THE GROWTH PLAN Opportunity • The video outlines stage 1 and 2 of the farm remediation. • Tassal’s plans for prawns include both expansion at this farm and greenfield development
A PIPELINE OF WORK • Civil works • Construction • Electrical services • Fabrication • Supporting services 6
INNOVATION Tassal is a recognised global leader for innovation and sustainability The opportunities to adopt salmon principles, and adapt with prawn operations, is significant: � Centralised and automated feeding � Live data capture and pond controls � Farm visualisation � Farm systemisation
ENGAGING Area Supply opportunities Action Ponds, channel and Civil works construction Submit an expression of interestto: • road construction Pump and pipeworks infrastrcuture • Tassal Prawn Operations Tanara.cowen@tassal.com.au Hatchery construction Building services • Construction • Or Plumbing • Electrical services infrastructure Electrical services • PO Box 643 Environmental Water treatment Cannonvale QLD 4802 • Filtration • Operations Vehicles • Maintenance services •
EXPRESSION OF INTEREST From you Name of business • Brief capability outline • Specific equipment capacity • (as relevant) Confirmation of safety • systems approach Key contacts • From us We will acknowledge receipt • so you know we have it We will circulate to relevant • parts of our business who would be involved in managing tenders or requests for quotes We will contact you as • opportunities arise
CONCLUSION Tassal is committed to building its prawn business: • Investment ready with board and financier approvals • Team experienced in executing responsible aquaculture • development Commitment to sustainable practices • Tassal is seeking to work with local suppliers to execute this • growth plan Interested in the opportunity – we want to hear from you! 10
Our vision is for a Better Tomorrow for our people, our planet, our product, our performance and all the communities in which we operate
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