Hydrogen From Rocks: Element One Bets Columbia University Tech Can Beat Oil On Price

This company is betting that a Columbia University chemistry breakthrough can extract hydrogen from ultramafic rock in real time, at a fraction of the cost of oil, gas, or green hydrogen, while pursuing a parallel magnesium production plan CEO Brad Kitchen values at roughly $95 million a year. Both the cost claims and the revenue projections come from the company's own management and remain unverified ahead of field testing planned for next summer.A concept image showing a lightbulb with planet earth in a mossy green background by Capt_Pic via Shutterstock