Yumbah Aquaculture Shuts Down Abalone Farm on Kangaroo Island
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Yumbah Aquaculture, a leading abalone farm on Kangaroo Island, is shutting down its operations by mid-year due to a harmful algal bloom. The closure will result in fifteen permanent job losses, marking the end of the longest-running abalone operation in the Southern Hemisphere. The company is offering short-term pay bonuses, job transfers, and mental health support to affected employees. The mayor of Kangaroo Island expresses concern over the impact on local jobs and the economy, and plans to lobby for a research or training hub at the site. Yumbah continues to produce seafood products and advocates for industry reforms.
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