Marathon Fusion Successfully Transforms Mercury into Gold, Potentially Disrupting Gold Fundamentals

On October 22, U.S. private nuclear fusion startup Marathon Fusion announced the successful achievement of high-efficiency alchemy, converting mercury into stable gold. The company employs beam-driven fusion technology to transform mercury-198 into mercury-197, which decays into gold-197 after approximately 64 hours, while also breeding tritium and generating electricity. Laboratory simulations indicate that each GWth can produce over 2 tons of gold annually, potentially doubling the economic value of power plants. Market analysis points out that the technology is still in the small-scale demonstration phase in the laboratory, and the output has not yet reached commercial levels, thus having virtually no substantial impact on gold in the short term. However, if the technology matures and is commercialized, it theoretically has the potential to disrupt the fundamentals of gold. Marathon Fusion was founded in 2023, focusing on full-stack nuclear fusion research and aiming to solve the fuel cycle issues of fusion reactors.

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