Blackstone Resources AG (SWX; symbol BLS, ISIN CH0460027110) is pleased to announce that with the acquisition of extensive land in Döbeln, Saxony, we have now paved the way to increase the capacity of our battery factory to the target of 5 GWh in three further two stages. "With the purchase of approx. 16,500 m² of land at the site of our subsidiary, Blackstone Technology GmbH, we are once again one step closer to our vision," says a delighted CEO Ernst Ulrich.
On the roadmap according to plan with three milestones
The extensive gain in space comes at an ideal time for Blackstone. "With this step, we are creating the production capacities that our customers and partners demand," says CMO Serhat Yilmaz. "We can now implement our roadmap according to plan and will swiftly realise the next expansion stages." Following the recently opened production facility in Döbeln, multi-stage expansions are planned for a new gigafactory building up to a preliminary peak capacity of 5 GWh per year.
The first milestone was the start of the production facility with a capacity of 50 MWh. It was reached at the end of 2021 and presented to the international public at a major press conference. Currently, the first products and sample cells are being finalised for various customers and the automotive industry. "The high energy density of our battery cells, their environmental compatibility and the unprecedented flexibility in shaping are particularly valid arguments for our technology.
As a second milestone, the output of the 3D printing facility for lithium battery cells in Döbeln will initially be increased tenfold. "In the first intermediate step, we will increase our total capacity to 500 MWh". The expansion has already begun and will be completed on schedule within the next 12 months.
Finally, the third milestone is scaling up to 5 GWh annual capacity in 2023-24. A two-storey extension to the battery factory is planned for this purpose. Particularly noteworthy is the small space required for this high capacity. We will submit the building permit for this as soon as possible.
On the roadmap according to plan with three milestones
The extensive gain in space comes at an ideal time for Blackstone. "With this step, we are creating the production capacities that our customers and partners demand," says CMO Serhat Yilmaz. "We can now implement our roadmap according to plan and will swiftly realise the next expansion stages." Following the recently opened production facility in Döbeln, multi-stage expansions are planned for a new gigafactory building up to a preliminary peak capacity of 5 GWh per year.
The first milestone was the start of the production facility with a capacity of 50 MWh. It was reached at the end of 2021 and presented to the international public at a major press conference. Currently, the first products and sample cells are being finalised for various customers and the automotive industry. "The high energy density of our battery cells, their environmental compatibility and the unprecedented flexibility in shaping are particularly valid arguments for our technology.
As a second milestone, the output of the 3D printing facility for lithium battery cells in Döbeln will initially be increased tenfold. "In the first intermediate step, we will increase our total capacity to 500 MWh". The expansion has already begun and will be completed on schedule within the next 12 months.
Finally, the third milestone is scaling up to 5 GWh annual capacity in 2023-24. A two-storey extension to the battery factory is planned for this purpose. Particularly noteworthy is the small space required for this high capacity. We will submit the building permit for this as soon as possible.
