Business
Luxium
Luxium.
About this update from Nrp Stone, Inc.
[{"type":"text","content":"NRP Stone, Inc. provided additional information on the conductivity of Luxium during its due diligence process on Rare Metals and Gems Investors, LLC, a potential acquisition.Luxium is a molecularly derived precious metal, containing 99% silver. Jewelry retail markets can be targeted for rings, necklaces, bracelets, broaches, and similar jewelry due to its brilliant finish and resistance to tarnish. These qualities, along with its hardness and conductivity, also make Luxium a candidate for a wide range of industrial uses. It may be used as an alternative to copper, silver, and gold in electronics, solar panels, aerospace, and many other industries. In addition, silver is cheaper than gold, harder than copper, and is the best natural conductor.Conductivity of the top five metals is rated from highest as follows: Resistance• Silver 1.59 X 10-8• Copper 1.68 X 10-8• Gold 2.44 X 10-8• Aluminum 2.65 X 10-8 (Aluminum alloy is used for high tension electrical lines)Conductivity of Luxium, like silver, is expected to be quantified and rated above copper, gold, and aluminum. This makes Luxium a candidate for electrical applications. Electrical transmission lines for the electrical power grid worldwide are made of one and one-eighth inch twisted aluminum stands reinforced with steel and silicon for strength. Aluminum was chosen because the raw metal is readily available, has a proportional high tensile strength, and can be purchased at a comparatively inexpensive cost.The inherent problem with using aluminum as a conductor is its electrical resistance. For every one percent resistance incurred over high-tension electrical lines, power companies lose billions of dollars in lost wattage. With the introduction of nano-technology, a thin application of Luxium could create a dynamic solution for cost savings to electrical transmission companies. Because electricity travels around the metal conductor, an applied outside coating could decrease resistance. Luxium researchers are currently working on the creation of Luxium nanoparticles that will bind with existing and new aluminum power lines. They have also been developing particles that will bind with existing and new aluminum alloy used in the manufacture of power lines.NRP Stone, Inc. is engaged in marketing and distribution of unique precious metals and g...