Blackstone Resources: Better Batteries Power the Electric Motor Revival
March 01 2019 - 5:12AM
Business Wire
Article published in the magazine CFI.CO, edition 125.000
pieces., https://cfi.co/magazine/, Winter Issue 2018/19, published
February 2019.
Blackstone Resources AG (SWX: BLS; STU: 4BR, FRA: 4BR, BEB: 4BR)
(“Blackstone”)
The advantages of using electric motors to propel vehicles was
recognised very early on by automotive innovators. In 1900 – the
dawn of the automotive era – nearly a third of all cars on US roads
were electric but wind forward to 2017 and just a little more than
one percent of all cars sold were plug-in.
In the first era of the automotive age, the internal combustion
engine was the clear winner and helped support the growth of the
oil industry. But now it is obvious that the electric motor with
all its advantages over the combustion engine is going to become
the primary power source over the coming decades.
This change has been made possible because of improvements in
battery technology. These improvements have already helped
transform mobile computing and communications devices, but to do
likewise in the automotive sector is going to require a
many-orders-of-magnitude increase in global battery storage.
Potential demand for large scale battery energy storage does not
stop with cars but is also set to transform our electrical power
distribution both on the large and small scales. To meet this
demand, existing companies and newcomers alike are racing to
increase production capacity and improve and revolutionise battery
technology. As with any rapidly changing market, there will be
companies that prosper and others that fall by the wayside. What is
no doubt is that even with major improvements in efficiency in
terms of raw material used, when it comes producing better
batteries, demand for the elements required is going to increase
dramatically.
Ulrich Ernst is the President of the Board and the Chief
Operating Executive of Blackstone Resources AG. The company’s
mining routes were established in 1995 and, since 2014, the company
has been operated as Blackstone Resources AG, Baar, Switzerland.
(HP www.blackstoneresources.ch) In July 2018 Blackstone Resources
became public at the Swiss Stock Exchange SIX Zürich symbol BLS, at
STU, FR, BEB with the symbol 4BR. Ernst has created a company that
is not dependent on the battery technology that wins out. The mix
of metals used in batteries may well change in the years ahead, but
with the growth in demand as the world electrifies it is certainly
the case that provided the portfolio of battery metal is
diversified, the final mix doesn’t matter.
Ernst believes that investing in the raw materials required to
deliver electrification matters more than investing in manufactures
producing the cars. Blackstone resources are investing in the whole
cycle of metals (cobalt, lithium, nickel, manganese and molybdenum)
and graphite, the exploration and extraction, refining and
electrode manufacture. To Ernst, it is all about the batteries: he
shares the vision that one day in the none-to-distant future all
cars will run in electricity and renewable energy will become
sustainable and available in abundance.
However, the company Ernst leads also realises that part of the
solution is to encourage and nurture technological advances in
rechargeable batteries and ensure that batteries can be
cost-effectively recycled. Developing new battery technology has
become part of Blackstone Resource’s portfolio along with efforts
to create an international standard. Through its technology
research, Blackstone Resources has developed an international
battery code system that identifies battery metal-mix, the
chemistry and technology used within various rechargeable
batteries. This system is known as the Blackstone Battery Codes
(BBC) system. Although initially developed for internal use to
improve efficiency, in 2018 the company took the decision to make
the coding system open source.
Batteries are going to be at the very core of the changes that
will take place over the next few decades and – as with the early
automotive industry dependence on the oil industry’s ability to
extract oil – the battery industry will depend on the extraction of
the metals required to produce the batteries. It looks likely that
global car production of electric cars a decade from now will be
back to the levels in 1900, with a third of new cars being
electric. And no one should be surprised if in just 20 years, the
ratio of combustion engine vehicles to electric vehicle production
has completely reversed with just one or two percent of the global
total having combustion engines. Ernst is working hard to ensure
that this company is set to take advantage of all such
developments.
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 and has developed
the international recognized Blackstone battery code system
BBC.
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/
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For more information please visit www.blackstoneresources.ch or
contact:Blackstone Resources AGManuela PereiraT: +41 41 449 61 63F:
+41 41 449 61 69info@blackstoneresources.chInvestor
Relationsir@blackstoneresources.chMedia
Enquiresmedia@blackstoneresources.ch
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