Seafarms Group Limited

Seafarms is an Australian listed company (ASX:SFG) Seafarms Group Ltd | Australian agri-food company , producing premium Australian Black Tiger and Banana Prawns from its north Queensland operations for both Australian and export markets.

Project Sea Dragon is a wholly subsidiary of Sea farms, with its Head Office in Darwin, and an office in Kununurra. Construction of Stage 1a of Project Sea Dragon commenced in August 2021 at Legune pastoral lease approximately 120km north-east of Kununurra. Stage 1a will consist of 36 x 10ha production ponds, and 36 x 1 ha nursery ponds producing 6,000 of black tiger prawns per annum, to be processed near Kununurra in a process plant to be built. Construction of the process plant is scheduled to commence in Q2 of 2022. First processing of prawns is expected in Q4 of 2023.