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by skywhopper
885 days ago
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Lots of questionable assumptions in this article, but I wanted to call this particular calculation out because it's so blatant: 5 MAF/year of 6% salinity brine contains more than 10 million tonnes
of magnesium, comparable to current global production, not to mention
other light metals. At spot prices around $5000/T, a mature brine
extraction industry could net >$50b/year
"Net" means after expenses, so this calculation is assuming that extracting 100% of the magnesium from the brine would have zero cost, not to mention that it also assumes that doubling the world supply of magnesium would have zero impact on its price. |
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