Alchemy ships convert minerals and supplies into each other. There are three types of alchemy which differ in the type of alchemy reaction performed.

(4.0i/3.4k) You can give a ship multiple functions. It will then perform a sensible combination of these functions.

In previous versions, ships can do only one of the three functions. If you assign it more than one function, it will only do the one with the lowest numeric code.

Alchemy does not require fuel.