CSIRO spin-out of PhotonAssay technology recognised as a model combination of first-rate science with key strategic and commercial partnership

By 20 August 2020Disruptive Technology

Adelaide-based disruptor Chrysos Corporation is using cutting-edge material analysis technology to step around centuries-old methods to improve returns to gold mining companies.

CEO Dirk Treasure said Chrysos  has a strong network of leading scientists, engineers, manufacturing specialists and commercialisation managers. The company is backed by the brains of the Australian national science agency CSIRO and the financial acumen of natural resources corporate advisors and investors, RFC Ambrian.

CSIRO Minerals Research Director Nick Cutmore agrees that Chrysos’ success over the past four years is a testament to the importance of relationships.

RFC Ambrian recognised the potential of PhotonAssay early on: “When we were introduced to CSIRO’s PhotonAssay technology we were really interested in being involved in its commercialisation. We could see the huge potential in this truly disruptive technology. We put forward a business model built around a take or pay leasing arrangement which proved instrumental in removing barriers to client uptake and enhancing returns to the company.” – Rob Adamson, RFC Ambrian Executive Chairman

Please follow the link for more detailed information on Chrysos, NextOre & the CSIRO case study.