There was a recent Yahoo article about this company. They supposedly react scrap aluminum and water to produce hydrogen, alumina, and heat energy. I’m not posting any links because the board software doesn’t seem to like them, but it shows up immediately in a search.
There’s no doubt that this reaction is ‘possible’, it doesn’t violate any laws of physics or chemistry.
But obviously it’s not a primary source of energy, since the energy comes from the aluminum which requires a great deal of energy for its original extraction from bauxite.
So, is this useful? ‘Scrap’ aluminum is hardly waste: it is easily re-used to produce new aluminum products.
The only economic justification I can see is that it possibly produces high purity alumina for technical applications? But that’s not really a mass market, and the ‘green hydrogen’ hype seems very misleading.