Magnesium Boride exhibits super conducting properties and utilized in MRI superconducting magnet, which is a closed-loop cryocooler. It is used as propellants, pyrotechnics and explosives. It can be used as high temperature boron-based thermoelectric materials. It is also used in superconducting transformers, rotors, transmission cables, superconducting radio frequency cavities to minimize energy loss.
