BAAR, Switzerland–(BUSINESS WIRE)–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
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
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
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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