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IN ONE CUBIC METRE OF SEAWATER THERE ARE 1.3 KILOGRAMS OF MAGNESIUM. THAT'S A BLOCK OF MAGNESIUM WORTH UP TO £1000
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Executive Summary
OneCycle has a tripartite process protected technology that extracts this magnesium directly from the sea, replacing conventionally produced magnesium sources and produces high quality Nanoparticle material from the magnesium.
c.£6.6M already spent on vital development with UK Government supporting grants.
Carbon neutral & sustainable process.
Existing market that has been growing at 7.5% per year since 2016
Production costs <25% of current nanomaterial manufacturers.
Initial European market penetration <4%, over 6000 European End Users identified.
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