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Abalone Investment
Ltd (AIL) is a public unlisted Australian –owned company
formed by the ABA Grower Group to be the holding company for the
operating companies, Australian Bight Abalone (ABA), Australian Bight
Management Pty Ltd (ABM) and Australian Bight Infrastructure Pty Ltd
(ABI) on the recapitalisation of these companies. The
operations of these companies are located in the remote, pristine
waters of Anxious Bay, near Elliston on the Eyre Peninsula.
This area is well known as a major source of wild abalone because of
its clean sheltered ocean, relatively stable water temperatures and
significant water movement. By using the patented Abalone
AquafarmTM system, ABA has been able to grow farmed abalone in
ideal conditions to maximise growth and quality, with around $50
million invested in these operations to date. |