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Blackstone Resources to build solid-state battery

Swiss holding company Blackstone Resources AG has teamed up with several strategic partners from Germany, Belgium, Poland and Austria, the United Kingdom and Switzerland to build a solid-state battery.

Blackstone will finance its own research team with these partners. These include research specialists from a number of disciplines that are based at the Fraunhofer Institutes of both Offenburg and Goslar, plus the Technical Universities of Clausthal and Braunschweig in Germany.

This move forms part of Blackstone’s research and development programin battery technology, which includes a planned €200 million investment project. This project will be partially funded by Blackstone. The remainder is planned to come from the subsidy programme from the German Federal Ministry for Economic Affairs and Energy (BMWi). Blackstone has already participated in the application process and the results will be decided in the near future.

The team will develop new production technologies for Blackstone’s planned battery production facilities. This will include developing and testing new solid-state battery technologies, plus new production techniques such as 3D-printing.

Blackstone Resources 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 program on new battery technologies.

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