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Silicon Valley startup says it has found way to turn mercury into gold, if proven may hit gold prices

Silicon Valley startup says it has found way to turn mercury into gold, if proven may hit gold prices

India Today2 days ago
A fusion energy startup claims to have found a way to turn mercury into gold. According to the Financial Times report, San Francisco-based Marathon Fusion says that the same process that could one day represent a limitless source of clean energy could also be used for literal alchemy. As detailed in a yet-to-be-peer-reviewed paper, nuclear transmutation, effectively changing an element or isotope into a different one by ripping out protons from its nucleus, could be used to synthesise gold particles. "On paper, it looks great and everyone so far that I talk to remains intrigued and excited," Department of Energy plasma physicist Ahmed Diallo, who reviewed the study, told the Financial Times.advertisementOver the last three years, Marathon Fusion has raised almost $6 million in investments and $4 million in government grants, focusing its efforts on making fusion power systems more efficient.Yet the concept of replicating the conditions in the Sun's core to produce a net positive amount of energy has remained extremely elusive, despite decades of research. Scientists are only beginning to crack the point at which fusion plants generate more energy than they require to operate. Scaling up these operations is proving just as difficult, with scientists struggling to contain extremely high-energy and unpredictable plasma inside enormously complex reactors.
Earlier this year, Marathon turned its attention to nuclear transmutation, proposing to introduce a mercury isotope, mercury-198, into a fusion reactor to turn it into mercury-197. That's in addition to the conventional fuels used to realise fusion inside a reactor, such as lithium and hydrogen isotopes.But this time, there's an interesting side effect: mercury-197 is an unstable isotope that eventually decays into gold-197.While the process remains unproven, the startup's leadership is seeing dollar signs — or gold ingots, as the case may be. CTO Adam Rutkowski and CEO Kyle Schiller say they could produce 11,000 pounds of gold a year per gigawatt of electricity generation, and without affecting the overall power output of the system.Marathon claims its breakthrough technique could allow fusion reactors to produce gold as a bonus byproduct, without reducing the plant's energy output or compromising its ability to sustain its own fuel cycle. According to the company's projections, a fusion power station with a capacity of one gigawatt could generate around 5,000 kilograms of gold every year using this approach.The firm notes that while the gold created through this transmutation process would be stable, trace amounts of radioactive isotopes could still be present. This might mean the gold would need to be stored securely for as long as 18 years before it could be handled or sold safely.Marathon's techno-economic modelling suggests that such a setup could make gold production just as valuable as the electricity the plant generates, effectively doubling the commercial potential of a fusion facility and dramatically reshaping the economic case for fusion energy.advertisementBeyond gold, the company adds that the same nuclear processes could also be used to create other high-value materials, such as components for 'nuclear batteries,' medical isotopes for healthcare, and precious metals like palladium.As a result, the hypothetical fusion power plant could theoretically double its revenue, they claim.CTO also suggested that the key insight here is that it can be used in a set of fast neutron reactions to make really large quantities of gold while satisfying the fuel cycle requirements of the system. Of course, it's not quite as simple as that. For one, other gold isotopes created in the process could make the valuable metal radioactive, which could mean it would have to be stored for anywhere from 14 to 18 years before it's safe to handle.Even with a massive surge in new startups attracting billions of dollars in investments to turn fusion reactors into a viable form of energy production, the basic concept of fusing atoms to generate electricity has yet to become practical.- EndsTrending Reel
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Ansett Australia set for big return decades after collapse, but in never seen before avatar; here's what to expect
Ansett Australia set for big return decades after collapse, but in never seen before avatar; here's what to expect

Time of India

time28 minutes ago

  • Time of India

Ansett Australia set for big return decades after collapse, but in never seen before avatar; here's what to expect

Over two decades after the collapse, Ansett Australia, which was once the country's second-largest airline, is all set to return in a new avatar. Ansett Australia collapsed into administration after suffering financial troubles in 2001. Its final flight was recorded early in 2002. More than 16,000 people lost jobs following the company's downfall. Now, two decades later, the brand is scripting a revival in a way Australians wouldn't have ever imagined. It is making a return not as an airline but as an AI-powered holiday booking platform called Ansett Travel , according to 7News. Explore courses from Top Institutes in Please select course: Select a Course Category healthcare Cybersecurity MCA others Product Management Design Thinking PGDM Leadership Public Policy Data Science CXO Operations Management Healthcare MBA Others Management Technology Finance Data Analytics Digital Marketing Degree Data Science Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details How is Ansett Travel designed Speaking about Ansett Travel, Melbourne-based entrepreneur Constantine Frantzeskos said it was designed to be a 'hyper-personalized' travel agent that suggests trips and itineraries based on your preferences, calendar events, and budgets. 'I didn't just acquire a lapsed trademark and domain; I resurrected trust embedded deep in collective memory,' Frantzeskos was quoted by 7News as saying on Monday (July 28, 2025). 'The original Ansett served Australians beautifully for 65 years before collapsing in 2002, leaving a void in reliability and brand warmth. I believe that legacy still matters and that it's deserving of being reimagined for modern travellers. Ansett Travel isn't about replicating the past; it's about re‑engineering it through AI as the core, not as an afterthought,' Frantzeskos continued. Live Events What will Ansett Travel offer Frantzeskos has worked with Emirates, Dubai Tourism, and Visit Victoria in the past. This time, he has partnered with Victorian travel start-up Travlr. He said the new platform is 'like the Costco of travel.' It is open to everyone, 'but if you want the really good stuff,' flights, hotels, and holidays at near-wholesale prices, you will need to join Ansett VIP, he said. Ansett VIP membership An Ansett VIP membership is $99 a year, according to 7News. Not all AI features are live yet, but Frantzeskos said plans for things like auto-generated itineraries, pre-trip alerts, and personalized loyalty experiences are in the works. 'Today's travel platforms are reactive,' he said. 'You search, compare, click. Ansett seeks to flip that model. 'It's designed to anticipate when users need a break, school holidays, anniversaries, executive downtime, or great weather for a weekend away, and offer options before you even think to ask. It's not replacing human agents; it's doing what scale, data, and logic do best—with finesse, not friction.' The website is already live and offering travel deals for destinations including Las Vegas, Bali, Tokyo, and Athens. Before its collapse, Ansett reportedly flew about 10 million passengers annually.

Is Earth In Danger? Mystery Object May Be ‘Hostile' Alien Spacecraft Approaching Our Planet
Is Earth In Danger? Mystery Object May Be ‘Hostile' Alien Spacecraft Approaching Our Planet

News18

time38 minutes ago

  • News18

Is Earth In Danger? Mystery Object May Be ‘Hostile' Alien Spacecraft Approaching Our Planet

The mystery object is on a stealth path through the inner Solar System, and Earth's fastest rockets aren't nearly quick enough to intercept it A strange object the size of a small city is hurtling through our Solar System, and a team of scientists think it might not be just a comet. In fact, they're toying with a far more dramatic possibility: that it could be alien technology, potentially even 'hostile", hiding behind the Sun. The object, officially named 3I/ATLAS (and earlier known as A11pl3Z), was first spotted on July 1 by a telescope in Chile. Within 24 hours, scientists confirmed it had come from outside our Solar System, making it just the third known interstellar visitor ever recorded, according to Live Science. It's not small either. Estimates say it measures 10 to 20 kilometres wide, making it potentially larger in area than Manhattan, and it's tearing through space at over 130,000 mph (60 km per second). Over the next few months, it's expected to swing past Jupiter, Mars and Venus, before disappearing behind the Sun in late November, out of sight from Earth. Is It Just A Rock Or Something More? A new, non-peer-reviewed scientific paper published on July 16 has turned heads for suggesting that this might not be a comet at all, but an extraterrestrial spacecraft on a stealth mission. The study was written by Harvard astrophysicist Avi Loeb, known for his bold claims about alien life, along with researchers Adam Hibberd and Adam Crowl from the Initiative for Interstellar Studies in London. They're not claiming this is definitely alien, but they are proposing a testable theory. In their words, it's 'an interesting exercise in its own right," worth exploring 'irrespective of its likely validity." Still, they warn that if the theory does hold true, the consequences could be serious, even requiring 'defensive measures," though they admit those might not be effective. A Suspicious Flight Path? So why the suspicion? Loeb and his co-authors point to the object's trajectory, which is oddly precise. It's moving faster than the last interstellar visitor, ʻOumuamua', and it entered the Solar System from a different angle, which, they suggest, could offer 'various benefits to an extraterrestrial intelligence." Even more puzzling, the object's orbital path is aligned with Earth's within just 5 degrees. Loeb told Newsweek that the odds of this happening randomly are only 0.2 per cent. In his view, this could mean the object is deliberately targeting the inner Solar System, something one might expect from alien tech. Then there's the route itself. 3I/ATLAS is set to make close passes by three major planets — Venus, Mars and Jupiter — which scientists say is highly improbable without calculated guidance. According to the Mirror UK, the chances of such a path occurring by chance are less than 0.005 per cent. The timing also raises eyebrows. In late November, the object will pass behind the Sun, making it invisible to Earth-based telescopes. Loeb speculates this might not be a coincidence. 'This could be intentional to avoid detailed observations from Earth-based telescopes when the object is brightest or when gadgets are sent to Earth from that hidden vantage point," he wrote in a blog post. They even suggest the planetary flybys could allow for 'gadgets" to be planted, spy tech dropped off on Mars, Venus or Jupiter en route. Unfortunately, even if Earth wanted to investigate, we simply can't catch up. Loeb notes that our fastest rockets can only reach a third of 3I/ATLAS's speed, making a rendezvous impossible with current technology. The theory has sparked curiosity online, but not everyone is convinced. Samantha Lawler, an astronomer at Canada's University of Regina, says the evidence points clearly to a natural comet, one that was simply ejected from another solar system, as billions of others likely have been. Others were more critical. Chris Lintott from the University of Oxford, who helped trace the object's galactic origin, dismissed the alien theory outright, calling it 'nonsense on stilts" and saying it undermines the real science being done by teams worldwide. Even Loeb concedes the most probable explanation is that 3I/ATLAS is just another icy interstellar wanderer. 'By far, the most likely outcome will be that 3I/ATLAS is a completely natural interstellar object, probably a comet," he said. This Isn't Loeb's First Rodeo This isn't the first time Loeb has floated the idea of alien probes in our cosmic neighbourhood. Back in 2022, he revived global buzz around ʻOumuamua', the cigar-shaped interstellar object spotted in 2017. He suggested it could be a 'lightsail" — a spacecraft powered by light particles — or even a deliberately sent probe from an alien civilisation. 'Oumuamua may be a fully operational probe sent intentionally to Earth vicinity by an alien civilisation," he wrote at the time. So What Now? For now, astronomers across the world are closely tracking 3I/ATLAS as it continues its journey toward the Sun. Whether it turns out to be a piece of cosmic spyware or just an unusually fast space rock, it has already reignited one of humanity's oldest questions — are we really alone out here? About the Author News Desk The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk More Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! tags : alien invasion comet spacecraft view comments Location : New Delhi, India, India First Published: July 28, 2025, 14:01 IST News world Is Earth In Danger? Mystery Object May Be 'Hostile' Alien Spacecraft Approaching Our Planet Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Valterra Platinum First-Half Profit Falls on Rain-Hit Output
Valterra Platinum First-Half Profit Falls on Rain-Hit Output

Mint

time44 minutes ago

  • Mint

Valterra Platinum First-Half Profit Falls on Rain-Hit Output

(Bloomberg) -- Valterra Platinum Ltd. said first-half profit fell 91%, after flooding at a key mine cut production and the company incurred costs during its recent spinoff from Anglo American Plc. The Johannesburg-based miner slashed its interim dividend to 2 rand per share, a drop of 79% from a year earlier, according to results released on Monday. Valterra completed its separation from Anglo at the start of June when it also added a secondary listing in London. While the flooding curbed first-half output at its Amandelbult operation by 45%, Valterra still expects to meet its annual target for refined production of 3 million to 3.4 million ounces of platinum-group metals. The impacted mine is the second largest in the South African company's portfolio, after Mogalakwena. The section of Amandelbult that was most impacted by heavy rains in February resumed operations in June and is expected to reach normal production in the current quarter, Valterra said. The company said production of refined platinum-group metals was down 22% to 1.4 million ounces during the first six months of the year, due to lower availability of concentrates and a stock count that takes place every three years. While Valterra and its peers in South Africa – which is by far the world's largest platinum producer – have been tackling a prolonged slump in PGM prices, there have been recent signs of improvement. Platinum and palladium have risen 56% and 37%, respectively, this year – with most of those increases occurring since the beginning of May. Platinum's gains in the first half of the year 'were underpinned by a more favorable macro-backdrop,' while 'strong Chinese buying, attributed to renewed interest from local jewelry manufacturers and investors, met underwhelming supply given relatively low South African production earlier in the year,' Valterra said. (Updates with information throughout) More stories like this are available on

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