Project Sea Dragon (PSD) is a large, fully integrated prawn aquaculture project located in northern Australia. The project focuses on sustainable land use and integrated design practices to maintain surrounding river and coastal environments and support adjacent agricultural land uses.
The project is designed to commence production on a nominal 1000ha of land-based ponds, producing nominally 12,000 tonnes per annum (tpa) of prawns in its first full stage of development.
The project will be delivered as an integrated production system, providing reliable, long-term, high quality and large scale production of Black Tiger prawns.
Stage 1 of the project is being developed in three steps, which include:
A Feasibility Study, plus Environmental Impact Studies and Indigenous Land Use Agreements, to:
- Prove the development feasibility;
- Secure statutory approvals;
- Identify and secure suitable land for each of the support infrastructure facilities; and
- Finalise the development schedule and Project Execution Plan.
The EIS & the ILUA processes are complete and the full Stage 1 Feasibility phase is largely complete. The company is currently seeking funding partners to secure project finance.
An Execution Phase for the engineering, procurement, construction and commissioning phase of the capital works that subject to the finalisation of funding will commence late in the dry season of 2018 or early dry season 2019. The construction timeline will see construction works sufficiently complete to enable commencement of stocking within 2 years of commencement. An Operations Ramp-up phase, to commence the breeding program and start stocking the farms approximately 2 full dry seasons after commencement of construction.
In very broad terms the total project footprint will occur across three principle nodes: Legune Station NT, Darwin environs, and Kununurra/Wyndham environs. There will also be some construction activity at Seafarms Exmouth facility however the main operations will be at the Legune Grow-Out Centre.
Development of Stage 1 will include the following construction at Legune:
- Farms with a total productive area of on a nominal 1,000 hectares;
- Internal farm recycling ponds (IFRP) of a nominal 324 hectares;
- An intake structure and pump station at Forsyth Creek suitable for operating seawater intake pumps;
- An intake settlement basin;
- A main feeder canal (MFC) for the delivery of seawater;
- A freshwater feed channel to deliver freshwater to each farm;
- A main discharge canal (MDC);
- An environmental protection zone and constructed marine wetlands (EPZ);
- A power plant footprint and installation of an initial power generation capacity to meet approximately 16MW of peak demand at the Grow-out Centre, comprising hybrid solar and duel fuelled engines;
- Diesel and LNG supply and storage infrastructure (suitable for Stage 1 generation) to the power generation facility;
- Facilities at Legune, compromising workshops, warehouses, administration, laboratories, feed storage, harvesting facilities etc.
- Diesel supply and storage for light and heavy vehicles; and
- A central village at Legune, and distributed on-farm accommodation.
Development of Stage 1 will further include the following construction:
- A Hatchery able to supply up to 24 million post larvae (PL's) per week, constructed in the Darwin environs;
- Initial stages of a Core Breeding Centre and a Broodstock Maturation Centre, constructed in the Darwin environs; and
- A processing plant at Kununurra.
Stage 1 of the project is not expected to result in an expansion of any port facilities by Seafarms directly, however, existing port operators in either Darwin or Wyndham may undertake minor works to handle feed and export produce.
Interested companies are encouraged to submit an Expression of Interest (EOI) against the 'Project Sea Dragon - Any Opportunities' package listed below. Updates on project progression will be posted periodically until specific work packages are released. Project updates as released to the ASX will also be available at the Seafarms website.SHOW LESS