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Blackstone Resources Makes BBC Codes Open-Source

December 17, 2018

BAAR, Switzerland--(BUSINESS WIRE)--Dec 17, 2018--Blackstone Resources AG (SWX: BLS; STU: 4BR, FRA: 4BR, BEB: 4BR) (“Blackstone”) is pleased to announce that it will make its Blackstone Resources Battery Codes (“BBC”) available to the global community by making the coding system open-source. The company has written a working paper on the system titled “ Blackstone Resources Battery Codes ” which is freely available at blackstoneresources.ch.

Blackstone Resources has a vision that one day all cars will run on electricity and that renewable energy will become sustainable and available in abundance. It is this vision that drove the company to build its portfolio of mining interests in battery metals. However, the company also realises that part of the solution is to encourage and nurture technological advances in rechargeable batteries.

Through its battery technology research, Blackstone Resources has developed an international battery code system that identifies the battery metal mix, chemistry and technology used within various rechargeable batteries. This system is known as the Blackstone Resource Battery Codes (BBC) system.

The BBC coding system was initially intended to be used internally to improve business efficiency within Blackstone Resources. However, in 2018 the company made the decision to make the coding system open-source.

“The coding system could have important application within the battery industry. For instance, it could help facilitate the commoditisation of ion class rechargeable batteries, which may one day be available in a single form-factor and purchasable over the counter. This similar to how standard battery nomenclature is used today in retail batteries, such as the AA and AAA lettering that comes from the American standard specification for dry cells.

The other application could be during the recycling process, which may become a commercial reality in the future. The sheer volume of ion battery usage has led to tighter scrutiny on how these batteries are deposed and renewed interest in technological advances to recycle these batteries commercially. Once ion battery recycling becomes a mainstream reality, BBC codes could be used to simplify and enhance the sorting process.”

CEO, Ulrich Ernst

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. In addition, Blackstone Resources has started a research programme on new battery technologies.

For more information please visit www.blackstoneresources.ch.

The disclaimer is an integral part of this press release. Please ensure you consult the disclaimer for a full understanding of the content within:  http://www.blackstoneresources.ch/about-us/disclaimer-press-release/

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005043/en/

CONTACT: Blackstone Resources AG

Manuela Pereira

T: +41 41 449 61 63

F: +41 41 449 61 69

info@blackstoneresources.chInvestor Relations

ir@blackstoneresources.chMedia Enquires

media@blackstoneresources.ch

KEYWORD: AUSTRIA EUROPE GERMANY SWITZERLAND

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY SOFTWARE MANUFACTURING AUTOMOTIVE MANUFACTURING ALTERNATIVE VEHICLES/FUELS NATURAL RESOURCES MINING/MINERALS AUTOMOTIVE

SOURCE: Blackstone Resources AG

Copyright Business Wire 2018.

PUB: 12/17/2018 03:00 AM/DISC: 12/17/2018 03:01 AM

http://www.businesswire.com/news/home/20181217005043/en

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