http://www.gsetech.com/
http://www.pnnl.gov/news/release.aspx?id=1009
http://www.theengineer.co.uk/news/seawater-magnesium-process-promises-cheaper-lightweight-metals/1017144.article
What I think is taking place is a new, lower temperature electrolysis process, that may or may not produce chlorine as a by-product. Apparently, this does require an advanced, new catalyst for the anode reaction. It also appears that the fresh water production is not just a spin-off, but also a commodity of value, and that various salts in the seawater are recycled in the process to an extent. This is really a big deal if they truly have lowered the process temperature from 900 C to 300 C. That should be a big energy savings in and of itself. They also mention net electric production for the grid, but I am not sure how.
All and all discussion of this topic is invited.