Ocean Grown Abalone to Expand Flinders Bay Lease to 15,000 Abitats

Ocean Grown Abalone announced on ASX that they have expanded their Flinders Bay lease to 15,000 ABITATs up from the current lease with 10,000 ABITATs.

This will enable the company to increase their maximum capacity to 300 tonnes per annum of premium wild caught greenlip abalone, up from 200 tonnes per annum.

Also, as part of this release, OGA has announced that they will collaborate with the WA Department of Primary Industries and Regional Development to undertake a scientific research project focused on the growth optimisation of greenlip abalone.