Blackstone is on track, first talks with Volkswagen

Key roadmap targets implemented according to plan

In Döbeln, Saxony, the battery production of Blackstone Technology (100% subsidiary of Blackstone Resources AG) has started as planned and the first orders are already being executed. Blackstone will deliver the corresponding orders to European customers before the end of this year. Battery research for the further development of our 3D high-speed screen printing technology was also successfully launched in the first half of 2022 and is running at full speed. The second generation of battery production facilities with a total capacity of 1.25 GWh is also under implementation.  

We are also pleased to announce that Blackstone Technology has had initial successful discussions with Volkswagen AG. As part of this exchange, the company also received representatives of the VW Group at its own offices. Thereby Blackstone Technology was able to present the suitability of its sustainable high-tech battery solutions for versatile applications of the car manufacturer. Together, possible points of cooperation were identified

Blackstone Resources Chile SpA has been able to establish Mining Concessions with a total area of 16’000 ha. Scheduled explorations are intended to determine the economic potential of these concessions. On July 18, 2022 Blackstone Resources Chile SpA updates and certifies its Technical Report NI 43-101 (Diagnosis Version) for its Exploration Project in Ollagüe.

Blackstone appoints new auditors

Blackstone is successfully maintaining its current course and has confirmed its board members in an extraordinary general meeting. In addition, a new auditor was elected and registered in accordance with the law. The company has lodged an appeal against the pending, unjustified and extremely damaging allegations made by the regulators and has proceeded to the appropriate instances.

We expect to be able to publish the current financial figures for the balance sheet and our income statement shortly.