Yumbah Aquaculture, the largest abalone producer in the Southern Hemisphere, has taken out the prestigious Agribusiness Award at the recent 2017 Australian Export Awards.
Anthony Hall, Director of Yumbah Aquaculture, said the award win was a significant achievement for the organisation, following on from its Governor of Victoria Export Awards win in October.
“Everyone at Yumbah is thrilled to have won this national award and we welcome the official recognition of our team’s hard work across all our locations,” Mr Hall said.
“The award win is the culmination of everyone’s efforts over the past year and is just rewards for the business as it continues to go from strength to strength.”
Yumbah, meaning large shellfish in the indigenous Yaygirr language, is a collection of four on-shore abalone farms at Port Lincoln, Kangaroo Island, Narrawong and Bicheno in Tasmania.
Further expansion plans
The company employs more than 80 fulltime staff across its four farms and support businesses and has an expected turnover of A$25 million this year.
More than 80 per cent of the 700 tonnes of abalone grown at Yumbah’s four farms is exported to Southeast Asia, the US and Europe.
Following its recent success – both domestically and internationally, Yumbah is currently considering further expansion options.
“Sustainably growing the world's best abalone in our pristine coastal environment is a privilege,” said Mr Hall.
“On behalf of the entire business, I would like to thank the Australian Trade and Investment Commission and the Australian Chamber of Commerce and Industry for choosing to recognise our efforts with this award as well as the State Government for its ongoing commitment to the Victorian aquaculture industry.”
Abalone is one of the oceans' most highly prized delicacies particularly in northern Asia, where it has been enjoyed using traditional cooking methods for thousands of years.
Now in its 55th year, the Australian Export Awards is a national program recognising Australian businesses for their export achievements and overall contribution to Australian economic prosperity.