Magnesium is dissolved in sea water at a concentration of about 1,000 parts per million and is the only metal directly extracted from sea water. Every cubic kilometer of seawater contains about 1.3 billion kilograms of magnesium (12 billion pounds per cubic mile).At present, around 60 percent of the magnesium metal and many of the magnesium salts produced in the United States are extracted from sea water electrolytically.In 1997, about 110,000,000 kg of magnesium was produced in the United States. Most of this magnesium was extracted from sea water.In fact, there is enough magnesium dissolved in the Earthâs oceans to supply all of our magnesium needs for the next 1,000 years.agnesium is also extracted from highly concentrated brine wells, and, the fascinating thing is, it is also possible to extract magnesium from seawater. Brine wells can be found in numerous places all over the world, and they have been used historically as a source of salt as well as magnesium.
Definition of funding: Providing financial resources to finance a need, program, or project. In general, this term is used when a firm fills the need for cash from its own internal reserves, and the term 'financing' is used ...
Finance is a broad term that describes two related activities: the study of how money is managed and the actual process of acquiring needed funds. Because individuals, businesses and government entities all need funding to operate, the field is often separated into three sub-categories: personal finance, corporate finance and public finance.