The state government of Western Australia has made the decision to cancel its AUD 10 million (~US$6.6 million; AUD 1 = US$0.66) yellowtail kingfish nursery project in Geraldton, citing a lack of commitment from Huon Aquaculture, SeafoodSource reported.
The government says there is "no point" in proceeding with the project because Tasmanian company Huon has not moved forward with its plan to use a lease in the Geraldton area.