Quest Marine Resources Limited (“QMR”) is incorporated in Australia with a vision to be a global player in the “white protein” food industry. QMR’s white protein food products are currently centred on various high-margin seafood products; namely abalone , octopus, anchovy, scallop, sea cucumber and mackerel.
QMR’s comparative advantage in providing high quality and high margin products is the result of a successful integration of the high hygiene standards of Australia in food processing and the relatively lower labour processing costs in the People’s Republic of China (“PRC”). The ability to harness the strength of both Australia and the PRC has seen rapid expansion in the demand for our premium products.
Currently, we export canned abalone from Australia to South East Asia and Hong Kong. QMR also exports anchovies to Spain and other European Union countries. QMR and its processing associate in the PRC have an exclusive licence to export anchovy fro the PRC and also secure the relevant health certificate for exporting to EU countries. Our octopus products are exported to Korea and Japan.