Marine Produce Australia Limited (MPA) has grown to be Australia's largest Barramundi producer.
MPA is the largest producer and supplier of ocean grown Barramundi. It has achieved this position by developing a superior product, Cone Bay Ocean Barramundi; identifiable by its texture, taste and quality, and commanding a premium price.
MPA is a Western Australian based unlisted public company. MPA has developed and operated its Barramundi sea cage farm in the strong tidal ocean waters of Cone Bay in the Kimberley, for over eight years and has had 100% ownership of its Cone Bay Ocean Barramundi project.
From its inception as a small farm-focused operation, MPA has matured into a business that is now involved in the entirety of the fish farming process, from brood-stock through to sales. The Company actively facilitates communication between all stages of the process in order to ensure production planning is closely tied to an informed understanding of the Barramundi market. With the knowledge gained from all aspects of its business over the past eight years, the increasing calibre and professionalism of people now joining the team, and its conservative approach to financial and operational forecasts, MPA is now confident of its continuing success.
MPA’s operation covers 699 hectares within Cone Bay, which MPA has a 21 year aquaculture lease over, effective from 2011, with a 21 year renewal option, fortifying its right to farm in this area for the long term.
MPA has also recently achieved a major milestone and has been granted an increase in its production licence from 2,000 tonne to 6,990 tonne per annum. This increase delivers the opportunity to reduce per kg costs through economies of scale