Ridley gets $3 million grant for “largest aquaculture nutrition research projects to be delivered in Australia”

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Project is called “Future-proofing the salmon farming industry in the face of climate warming”. 

In a press release, Australian animal nutrition producer Ridley writes that it has received AUD 3 million (EUR 2 million) in funding from the Australian Governments’ Cooperative Research Centres Project (CRC-Ps).

Ridley is the lead applicant in partnership with Deakin University, The University of Queensland, CSIRO, and Genics Pt.

The project, titled “Future-proofing the salmon farming industry in the face of climate warming”, will help to safeguard and boost sustainability in Australia’s most valuable food aquaculture industry.

“The project will employ nutritional physiology strategies to increase the resilience of salmon at times of increased temperatures, such as those experienced during the summer months. The project will enable Ridley to further tailor its diets to meet the future challenges of the unique Australasian environment,” wrote the feed producer. The company opened its new 50,000 tonne per year salmon feed plant in Tasmania in 2019.

Ridley Chief Executive Officer and Managing Director, Quinton Hildebrand said: “Ridley has a long history of investing in the advancement of the aquaculture industry, through both innovation and infrastructure as demonstrated through the completion of our state-of-the-art extruded feed facility in Tasmania. Our focus is on ensuring that we provide animal nutrition solutions tailored for our Australian and New Zealand customers.”

The project will commence in September and is expected to be delivered in 2023.