We are currently working on the following projects. Extraction of magnesium and lithium from the sea, smelting magnesium hydroxide into pure magnesium to be used as a raw material for magnesium alloys, supply of domestically produced low-CO2 magnesium as a constituent material for next-generation key industries such as automobiles and robots by overcoming the situation where China accounts for more than 80% of the world's production. To recover CO2 from various sources, such as thermal power generation and atmospheric CO2, generate heat and electricity through a power generation system using the combustion reaction between magnesium and CO2. Furthermore, we aim to kill two birds with one stone by recovering CO2 from many sources, such as thermal power generation and CO2 in the atmosphere, and generating heat and electricity through a power generation system using the combustion reaction of magnesium and CO2 to reduce CO2.
Reducing CO2 emissions by 2030, clearly stated as the tipping point in the UN's 1.5°C reports, is an issue that cannot wait. For example, many manufacturers want to use magnesium, such as automobile manufacturers who wish to reduce the weight of their EVs. However, China currently accounts for more than 85% of the world's output, using coal plant electricity. It emits large amounts of carbon dioxide. Magnesium production from the sea solves these problems. Carbon dioxide capture is promoted by ventures using the direct air capture method. Still, we believe that the absolute amount will be insufficient. Reacting magnesium with CO2 to form magnesium carbonate is also a promising method for immobilization in solid form. It is also possible to produce hydrogen from water using the heat from the combustion reaction of magnesium and CO2.