with its giant PhotonAssay machines. The company was set up in 2016 to acquire technology developed by the physics expert when he was at the CSIRO.
The industry had traditionally relied on a fire assay technique for hundreds of years, where samples are sent to a laboratory and heated to 1200 degrees in a much more time-consuming and cumbersome method. Dr Tickner has worked side-by-side in helping to build Chrysos with the company’s chief executive, Dirk Treasure, who studied metallurgy at Perth’s Murdoch University part-time, while working in the mining industry. Mr Treasure had lengthy stints constructing pilot plants in the nickel industry.
The company has pumped 2 million gold samples through its machines, but is still forecast to be making a bottomline loss of $4.7 million in 2022-23, as the rollout starts to gather pace. became ultra-aggressive against the West, Mr Treasure says there are other options for manufacturing in other countries such as the United States. But it is a hypothetical question for now.by authorities trying to curb COVID-19 and the resultant shipping logjams are causing delays for companies around the world. Mr Treasure says shipping delays have been happening on and off during the pandemic. “It’s all baked into the rollout,” he says.