Magnesium metal: the new trillion dollar industry


A new trillion dollar industry will revolutionize the global economy: we’re talking about  downloadMagnesium metal, which appear to be one of the biggest investment opportunity of this century. The doctors and scientists now believe that most chronic diseases may have the same root cause: inflammation.  In a breakthrough 2014 study published in the European Journal of Clinical Nutrition, researchers concluded that the healthful effect of magnesium intake on chronic diseases.

Magnesium’s unique ability to inhibit inflammation and lower CRP levels is a tremendous advance in curbing chronic disease. Magnesium is crucial for bone strength and development, and it’s required for over 300 enzymatic reactions, including many of the reactions that generate energy for your cells and control critical neurotransmitters.  Magnesium has huge potential on building world’s most fuel efficient cars and transportation equipments.

The Korea Institute of Science and Technology have successfully developed and tested the Magnesium-Air battery technology.
The development phase is already quite advanced as this technology is not only running in the laboratory but already in cars, a vehicle AD Motors Change EV has been equipped with this new battery technology, confirming its potential, and a charging time announced at ten minutes. The KIST promises up to 800km of range – without revealing the capacity in kWh.

Toyota announced to work on Magnesium-Ion batteries for its vehicles, and it is now a Korean Institute that has developed a Magnesium-air technology that allows energy density 5 times higher than lithium-Ion.

The 2014 Volkswagen XL1 is currently the most fuel-efficient production car in the world. It had a carbon fiber body, magnesium alloy frame. The magnesium has contributed on building this car, which can do a staggering 313 miles per gallon.

General Motors (NYSE:GM) and GM China Advanced Technical Centre have begun operating a new magnesium alloy machine for developing next-generation magnesium castings, the company said. GM’s Vertical Squeeze Casting (VSC) machine, will make it easier to manufacture vehicle parts from magnesium and marks a “breakthrough” in its lightweight materials research, the company said. The machine, designed by GM’s lightweight materials research teams in Detroit and Shanghai.

images (1)Currently Albanian-American billionaire Sahit Muja from New York holds the world’s largest and richest magnesium ore mines and reserves, over 20 billion tons, estimeted worth trillions of dollars as pure magnesium metal. The magnesium in Albanian Minerals mine’s is finest in the world, with over 54% rich in magnesium content.

Sahit Muja Albanian President and CEO said, “Magnesium is the next big thing in the 21st century. Engineers and scientists are making major discoveries toward lighter cars, trucks, trains, airplanes, home appliances,vessels, computers, sports gears by developing a way to expand the use of magnesium in parts. Using magnesium sheets to make parts is a significant breakthrough. Magnesium is 75 percent lighter than steel , 50% lighter than titanium, and 33 percent lighter than aluminum”.

Sahit Muja said, There is unprecedented interest in magnesium, as sources of sustainable supply for new batteries and significantly lighter alloys. Magnesium will profoundly changed the economic outlook of clean energy sources. Also magnesium can be used to producing hydrogen, wind turbines, robots and capturing carbon dioxide. Albanian Minerals CEO Sahit Muja said, “My strategy to explore magnesium opportunity goes back to a vision which took shape 30 years ago in Albania. As Albanian Minerals CEO, I have begin carving out a forward-thinking strategy to secure world’s largest and best magnesium reserves and leading edge in magnesium production far into the future”. Mr. Muja added that Magnesium has low density and high strength, magnesium can form high-strength alloy with, chrome aluminum, copper, manganese, nickel, titanium, zinc and other metals as an important alloying element. Currently, China is a major producer and consumer of magnesium in the world. In 2013, China produced 770,000 tons of primary magnesium which was equivalent to 89% of the world’s output. Sahit Muja said, There is huge potential to produce Magnesium ore Eco-cements, Magnesium cements absorb CO2 as they set, Magnesium cements can have greater compressive and tensile strength, greater capacity to “breathe” and to bond. Magnesium has the potential to revolutionise the way we capture and convert the CO2 into magnesium carbonate. Scientists has discovered that magnesium bearing minerals has clean the world in beginning from CO2.images

Doron Aurbach of Bar Ilan University has new technologies. The most promising one is based on magnesium ion, which supplies more power than lithium-ion batteries (a positive charge of two, rather than one for lithium-ions) and is cheaper to produce. By using nano-materials to tweak individual cells, Mr. Aurbach believes that new batteries could be significantly lighter, and last 100% longer than current ones. Japanese scientist Yoshihito Kawamura, a materials science professor at Kumamoto University, and his colleagues have developed two strong, nonflammable magnesium alloys that could be used in aircraft construction.

ARPA innovative and collaborative government agency that brings together America’s best and brightest scientists, engineers, and entrepreneurs is supporting magnesium research. Magnesium as metal of the future. Magnesium has always been seen as a lightweight wonder metal, new discoverie on top as future metal with trillions of dollar business opportunity.

Toyota (NYSE:TM) has begun development on magnesium-sulfur batteries for electric cars. The latest batch of plug-in hybrids and electric vehicles to hit the market typically use lithium-ion batteries, similar to those found in laptops. Although more expensive, Li-Ion cells do hold more power than the nickel-metal hydride batteries used in many hybrids, including Toyota’s Prius.

Scientists in Lyon, a French city famed for its cuisine, have discovered a quick-cook recipe for copious volumes of hydrogen (H2).
The breakthrough suggests a better way of producing the hydrogen. Nature produces hydrogen through “serpentinization.” When water meets the ubiquitous mineral olivine under pressure, the rock absorbs mostly oxygen (O) atoms from H2O, transforming olivine into another mineral, serpentine.

In a microscopic high-pressure cooker called a diamond anvil cell combine ingredients: aluminum oxide, water, and the magnesium base mineral olivine. Set at 200 to 300 degrees Celsius and 2 kilobars pressure—comparable to conditions found at twice the depth of the deepest ocean. Cook for 24 hours. And voilà.

Magnesium, olivine can make a significant contribution in the fight against climate change: Peter Kelemen from the University of Columbia and other Scientists have known for some time that in geological periods immediately following the creation of mountain ranges the level of CO2 in the atmosphere drops significantly. This is because plate tectonics (or continental drift) which creates these mountains does so by pushing hot magma through the crust and exposing it to the atmosphere. Magnesium Silicate has an incredible affinity with CO2. It requires heat to kick start the reaction but, after that, it is exothermic and fuels itself. It will keep going until either the Olivine or the CO2 runs out. To give you an idea of how powerful this affinity is, it is estimated that 1 cubic kilometer of olivine is capable of removing an amazing 4 billion tons of CO2. When you consider that gasious CO2 is around 1000 larger in volume than liquid (or solid) CO2 then the volume of gaseous CO2 capable of being held by 1 cubic km of Olivine is quite unbelievable.

World produces around 30 billion tons of CO2 each year. So if 1 kilometer of magnesium olivine could be encouraged to fully combine with CO2 every 6 or 7 weeks it would completely wipe out man’s entire CO2 production! Creating a material that’s both strong and lightweight is the ultimate goal for many manufacturers. Recently, magnesium alloys have gained much attention for being the world’s lightest structural material.

The University of Manchester led to development of a new class of high performance, low density magnesium alloys.
Made today by Magnesium Elektron (ME), the international leader in magnesium alloys, these alloys are today helping aerospace and automotive manufacturers to increase product performance and reduce fuel consumption of aircraft and motor vehicles.New computers and Notebooks features thin and lightweight thanks to a lightweight magnesium chassis. Today the new alloys and associated corrosion protection systems are used extensively in helicopter and fixed wing military aircraft, including the Westland Lynx, McDonnell Douglas MD500, F22 Raptor and Apache Mark-3 attack helicopter and the F35 Joint Strike Fighter (JSF). Replacing aluminium, the alloys give a 35% mass reduction so the aircraft meet critical performance and range targets. These aircraft are being manufactured in large numbers; approximately 3,100 F35 JSF aircraft are expected to be in service by 2035.

The Robotics Revolution indicates that technology could replace workers for 80 percent of current jobs. Robots will soon be everywhere, in our home and at work. They will change the way we live. Made of magnesium alloy Honda built latest robot, Asimo. It chatted in English with US President Barack Obama then ran, jumped and kicked a soccer ball.

BMW i8 coupe is the first plug-in hybrid vehicle from the German automaker; a revolutionary interpretation of BMW (MILAN:BMW)’s hallmark driving pleasure combined with a groundbreaking premium character and Intelligent lightweight construction with elements include magnesium. Samsung (LONDON:0593xq) launch of the revolutionary NX1 camera – combining cutting edge design with highly durable magnesium alloy body.

Renault SA (PARIS:RENA) car ceiling is made of magnesium and weighs only 4 kilograms and body aerodynamic efficiency has been improved by 30 percent compared to the Clio.

The Mercedes-AMG GT S used a mix of steel, light alloy and magnesium to the body.

Silicon Valley venture capital group, Khosla Ventures, is investing in a spin-off company of the Massachusetts Institute of Technology, Pellion Technologies, that is in the midst of developing magnesium-ion batteries which some researchers say could potentially replace lithium-ion batteries. Not only is magnesium cheaper than lithium, it also has the potential to have twice the energy density of the lithium-ion batteries that are currently being used in electric cars as well as many electronic devices.

According to Pellion Technologies, if their research is successful, “this project will develop the first commercial magnesium-ion battery and will establish US technological leadership in this exciting new high energy battery chemistry for electrified vehicle applications.” Hence, the US Department of Energy’s backing of the project through a $3.2 million Advanced Research Projects.

A Tainan-based National Cheng Kung University (NCKU) research team led by Prof. Fei-Yi Hung, Chun-Shing Lu and Li-Huei Chen from the Department of Materials Science and Engineering working with its instrument center has developed next-generation magnesium batteries that could replace lithium batteries. The team has been working on the research of magnesium battery, and has succeeded in overcoming the problems caused by the high activity of magnesium and increasing the stability, Prof. Hung revealed. Prof. Hung said, the stability of the magnesium battery prototype has been increased by controlling the reduction-oxidation effects and by the use of magnesium membrane electrodes and magnesium powder electrodes technology.