Chrysos Corporation Limited announced it has signed 10 new PhotonAssay lease agreements with Britannia Mining Solutions, bringing Chrysos' total number of deployed or contractually-committed units to 48, up from the previous total of 38 units. The combined initial five-year terms of the 10 new BMS lease agreements increases Chrysos' Total Contract Value (TCV) by AUD 149 million to AUD 705 million. The first of BMS' 12 PhotonAssay units is set to arrive in Montreal in the September Quarter of 2023.

In due course, BMS' innovative hub-and-spoke market expansion plan will deliver the PhotonAssay technology to strategically important mining centres across the United States, Canada, Central and South America, the Middle East and Europe.