Tower Aqua Products Ltd., based in Beara, eventually hopes to sells its abalone to Japan, where the shellfish can sell for between €40 ($56) to €60 ($84) a kilo.
The new farm was opened Monday by Tony Killeen, minister of state at the Department of Agriculture, Fisheries and Food.
Owned and operated by Michael O’Neill and business partner Aidan McGurn, the farm has been researched and developed the last five years. With the help of Bord Iascaigh Mhara (BIM), the Irish Sea Fisheries Board, a feasibility study was carried out, after which grants to develop the farm were approved.
Abalone
