Niocorp Developments Ltd (NB)

[Middleborder]

Chico; Grunt; All "These process improvements also could allow the Company to produce calcium and magnesium materials at purity levels that may be sold as commercial products; however, further analysis and testing is required to determine whether there are reasonable prospects for economic extraction for calcium and magnesium before they could be included in the Elk Creek Mineral Resource."

It would be great to convert a processing byproduct into a salable product. Will they need to help develop a market for this as well?

Magnesium being developed as an energy metal: (Under development lithium competitor? ...)

https://phys.org/news/2010-04-magnesium-alternative-power-source.html

snip.....

"The MAFC (magnesium-air fuel cell) has the electrolyte versatility of using a common saline (salt) solution or ocean water. The performance capabilities of the MAFC can be enhanced through the addition of MagPower’s hydrogen inhibitors.

According to MagPower Systems, by using hydrogen inhibitors the MAFC has increased power efficiency, lower cell resistance, and the reduction or elimination of pressure and/or volume increase due to hydrogen gassing resulting in smaller metal-air fuel cells, and batteries.

Magnesium is highly reactive and stores a lot of energy. Researchers are now devising ways to extract energy from magnesium in a more controlled method."


https://en.wikipedia.org/wiki/Magnesium_injection_cycle

Overview

"The joint project, initiated in 2005 and still in the experimental stage, developed a prototype carbon dioxide (CO2)-free engine in 2006 that ran successfully without the need for fossil fuels. The chemical reaction between magnesium (in a powder form) and water at room temperature produces high-energy steam and hydrogen. The hydrogen is burned at the same time to produce additional high-energy steam. These two steam sources power the engine. The energy cycle produces no carbon dioxide or other harmful emissions. The only by-products of this reaction are water and magnesium oxide. The magnesium (a common metallic element) is separated from the oxygen through a solar-powered laser process (the development of which is already well advanced) and is reused over and over again as fuel.[1][2][3]"


https://www.sciencedirect.com/science/article/abs/pii/S0378775315007764