NO INFASTRUCTURE REQUIRED PowerPaste – Hydrogen supply without infrastructure
And that is the main issue Allen... Europe would need no extra infastructure to accommodate a hydrogen based fuel.
If you missed the last post - Canada wants to become a worldwide supplier of clean hydrogen and hydrogen-related technologies
Yeah.... WORLDWIDE.
Canada does not have enough ships with CYRO TECHNOLOGY to ship hydrogen overseaes.
The costs to convert hydrogen gas to liquid takes considerable dollars.
And.. .to keep it in a liquid form, hydrogen needs a constant 260+ degree temp.
Europe is not set up for such cyro infastructure.
Yet... Canada wants to become a world supplier of hydrogen...?
Not only as a heat fuel, but let's not forget.... fuel cells, car tech.
So how will they do it ?
They need = MAGNESIUM.
Magnesium = Magnesium Hydride = Power Paste
Why the hell hasn't
Like i said... why fiddle with solar, are we being toldot look right when all the action is on the left... magnesium ?
If this power paste is all that it's said ot be....
then why not move forward with driftwood....?
there's a massive world wide market opportunity - using magnesium - to store hydrogen - sell worldwide. I myself... would keep the magnesium hydride - not sell it - but lease it to ship the hydrogen. So not into seeing quality resources slip pout the back door.
Time to include the shareholders...
Canada will miss the boat... if they wait too long.
Germany is all gung ho....
If this junior jumps into silicon.... my spidy sense will wander and wonder - all sorts of things.
Arkansas, Utah, and a few other projects... Seems others are now the benefactors...
I'd say this time... is time for shareholders.
WATCH THE VIDEO -
https://www.youtube.com/watch?v=rnTp3PbXza8 10 Countries Moving Toward a Green Hydrogen Economy
It’s early days for renewable hydrogen, but the potential is enormous, and several nations have an eye on the driver’s seat.
https://www.greentechmedia.com/articles/read/10-countries-moving-towards-a-green-hydrogen-economy Cheers....
p.s. Allen....
Odd it is.... that you feel - power paste - would not be a good fit for driftwood.
Watch th video.... ( first link above )
Magnesium Hydride makes it super easy to impart the hydrogen form the magnesium paste.
NO EXTRA INFASTRUCTURE NEEDED FOR HTE BUYERS OF HYDROGEN....
Canada has bene super blessed with mega - resources - in which to make hydrogen.
Understandable as to why.... others want ot make Canada the king pin to produce andship hydrogen worldwide.
So... let's remind ourselves of the Driftwood -
HATCH REPORT. What were they working on ?
https://stockhouse.com/news/press-releases/2021/11/10/mgx-minerals-announces-driftwood-creek-magnesium-metal-production-conceptual November 10, 2021 Conceptual Engineering Study for the Production of Magnesium by Hatch Engineering (Canada) for Driftwood Creek Magnesium. Due to an increase in the price of magnesium and related special application of magnesium as a solid rocket fuel, MGX has begun a review of the report, commissioned by the Company, and generated by Hatch Engineering in 2018. Findings consist of a required US magnesium market price of $4,000-$6,000 USD per tonne Mg for positive economics to be achieved.
Consideration for value added specialized magnesium products such as rocketry were not considered in the study. The 160 page report confirms no technical or economic issues beyond spot price using known technology. Due to the significant increase in magnesium price (reaching >$11,000 USD per tonne in September 2021) and advances in purpose and application for magnesium solid fuel rockets, the project is now under review as a magnesium metal project versus solely as a magnesium oxide project. The report remains confidential for competition related reasons. IN MY OPINION....
This report could be easily tweaked.
One needs - magnesum metal inorder to make the - hydride storage paste.
Odd as it is... report was kept confidential.
Hmmm.