Throughout history, alchemists believed in the existence of the philosopher's stone: a substance that could turn cheap substances into precious gold. Now scientists from The University of Manchester, Tsinghua University in China and the Chinese Academy of Sciences have shown that graphene can be a kind of philosopher's stone, allowing gold extraction from waste containing only trace amounts of gold (down to billionth of a percent).

This new, seemingly magical application of graphene works quite straightforwardly: add graphene into a solution containing traces of and, after a few minutes, pure gold appears on , with no other chemicals or energy input involved. After this you can extract your pure gold by simply burning the graphene off.

The research, published in Nature Communications, shows that 1 gram of graphene can be sufficient for extracting nearly 2 grams of gold. As graphene costs less than $0.10 per gram, this can be very profitable, with gold priced at around $70 per gram.\

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