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Yumbah Aquaculture Shuts Down Abalone Farm on Kangaroo Island

Published 1 week, 3 days ago
Description

Yumbah Aquaculture, a major abalone producer in South Australia, is closing its Kangaroo Island farm due to harmful algal blooms and global market struggles. The closure results in job losses for fifteen full-time staff and up to thirty seasonal workers. The company plans to shift focus to other seafood species and explore new uses for the site, such as marine research, to salvage jobs and aid recovery.

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