The supply of battery metals is already a major constraint for battery manufactures. Another constraint is the technology itself.
That’s why Blackstone Resources has launched a research and development programme that explores new battery technology. This battery market has the potential to be a multi-billion-dollar market.
It plans to develop small and flat batteries for the mobile phone and laptop market, and a whole variety of tech metals will be tested. This technology could also have further applications across the broader battery market. For instance, it could be used in electric vehicles or support power storage that helps make renewable-energy sustainable.
Automated production processes could also save up to 70% of the actual manufacturing costs. Part of the research and development programme is 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.