Blackstone Resources AG: Research Started on New Battery Technology
BAAR, Switzerland--(BUSINESS WIRE)--Oct 1, 2018--Blackstone Resources AG (SWX: BLS; STU: 4BR, FRA: 4BR, BEB: 4BR)
Blackstone Resources AG (“BLS”) has decided to start a research and development programme on new battery technology.
The objective is to develop small and flat batteries for the mobile phone and laptop market. This technology would also have further potential applications across the broader battery market. A whole variety of tech metals will be tested. Any technological improvements in battery technology during the life of the project would also be incorporated.
The company intends to deliver its own tech metals from its own resources and processing facilities. A special production technique will be developed to use these tech metals for battery production at a later stage.
Blackstone Resources believes that automation production process could also save up to 70% of the actual manufacturing costs. Part of the research and development programme would be dedicated to maximising the efficiency of the production line.
Once fully operational, the company will start either its own production plants or it will partner up with other battery manufactures worldwide and receive a royalty stream.
This battery market has the potential to be a multi-billion dollar market.
Blackstone Resources AG
Blackstone Resources is a Swiss Holding Company, with its legal domicile in Baar, Kanton Zug and is concentrating on the battery metals market as primary metals. In addition, it sets up, develops and manages refineries used for gold and battery metals. It offers direct exposure to the battery metal revolution that is being driven by the demand of electric vehicles that need vast quantities of these metals. These include cobalt, manganese, molybdenum, graphite and lithium.
For more information please visit www.blackstoneresources.ch.
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CONTACT: Blackstone Resources AG
T: +41 41 449 61 63
F: +41 41 449 61 69
KEYWORD: AUSTRIA EUROPE NORTH AMERICA CANADA GERMANY SWITZERLAND
INDUSTRY KEYWORD: ENERGY OTHER ENERGY TECHNOLOGY OTHER TECHNOLOGY NATURAL RESOURCES MINING/MINERALS RESEARCH SCIENCE
SOURCE: Blackstone Resources AG
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PUB: 10/01/2018 12:30 AM/DISC: 10/01/2018 12:31 AM