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Fire, Water, Wind, Earth, the "Four Cardinal Elements" which are used for most "Compound Magic". Alchemy is one of such Compounds Magics. By learning all four of these elements and at least reaching Tier 2 Rank 7 of Magic Circle, with a minimum of one thousand Elemental Runes of each four elements, it is possible to conjure basic Alchemy Spells and slowly master the craft from there over years of experience. Hehe, of course, with the power of the Alchemist Subclass, I can easily learn Alchemy Spells at twice the speed!