Assayer moves for growth – CHRYSOS CORPORATION ANNOUNCES MOVE TO TONSLEY

One of Australia’s leading mining services companies, Chrysos Corporation, whose ground-breaking technology delivers faster, safer, more accurate and environmentally friendly analysis of gold, silver, copper and other elements, will open a new global headquarters at Tonsley.

Recently listed on the Australian Stock Exchange (ASX), and with staff across Australia, North America and Africa, the rapidly expanding and award-winning Chrysos will move to the Tonsley Innovation District in 2023 after outgrowing its current premises at Adelaide University’s Waite Campus in Urrbrae.

It will relocate to a custom-built 1,160sqm head office and assembly facility constructed by Leyton Property, which has purchased the development site to the north-west of Tonsley’s Main Assembly Building (MAB).

Chrysos combines science and software to create technology solutions for the global mining industry. Its flagship product PhotonAssayTM has displaced slower, more hazardous and costly processes to become the mining industry’s most innovative and valuable minerals analysis solution.

Dirk Treasure, Chrysos Managing Director and Chief Executive Officer, said the company’s new headquarters will include offices, research facilities, storage areas, a workshop to service PhotonAssayTM units, and, importantly, space to accommodate continued growth.

“Chrysos’ team of scientists, engineers and industry specialists blends innovation, technical expertise and superior customer service to create cutting-edge assay technologies and services that deliver the crucial operational data customers need to achieve better business outcomes,” Mr Treasure said.

“Similarly, moving to Tonsley will provide our own business with the right facilities and environment to develop operations in line with our global expansion plans.”

Renewal SA General Manager, Project Delivery and Property, Todd Perry, said having innovative businesses like Chrysos Corporation join the precinct aligned perfectly with Tonsley’s vision for sustained high-value manufacturing in South Australia, and created a fresh avenue for future potential collaboration amongst tenants.

“One of our key focus sectors here at Tonsley is Mining and Energy, so to have a company that is a specialist and leader in its industry and doing its research and development right here at Tonsley is fantastic for the precinct,” Mr Perry said.

Chrysos Corporation will occupy the eastern side of the development parcel fronting MAB Circuit, while Leyton Property plans to develop the remainder of the 5166sqm parcel and secure a tenant.

Leyton Property is no stranger to the Tonsley precinct having successfully developed an office and workshop for Nice Automation to the east of the MAB.

“We are genuinely excited to be working with Renewal SA again in the Tonsley precinct,” Hamish Brown, Managing Director of Leyton Property, said.

“Tonsley has really carved a niche in attracting highly innovative businesses such as Chrysos Corporation, which are drawn to the value proposition the precinct offers beyond just bricks and mortar real estate.

“In that regard it’s particularly exciting to be partnering with a company like Chrysos that appreciates the wider perspective of occupying a property location which not just satisfies its operational needs, but also enhances and adds value to the productivity and working life of its team.”

Chrysos’ PhotonAssayTM team was awarded the 2021 CSIRO Chair’s Medal for Science and Engineering Excellence.