Hey Pahimar,
I really think that you are doing an awesome job on rewriting EE3, and I am happy that you are implementing stuff from fullmatal alchemist but to complete it would be totally awesome if you would be able to create the philosophers stone with red water in some way. same with the minium stone, instead of letting every living creature drop minium shards for example only the ones that died in red water. I'm really looking forward to your 1.6 update

Dead

I was hoping to put villagers in red water and they are converted into the minium shards.

Considering the mod is not based on Full Metal, doubt this will happen.
Also Xeno, the original creator of EE did a post about this.
http://www.minecraftforum.net/topic/1540010-equivalent-exchange-3-pre1h/page__st__3940#entry22316284

Didn't Pahimar already experiment with red water? What were the results of that?

Well, it's going to be crafted in the world, I know that much (similar to RailCraft's boilers etc. I think).

red water is based on FMA's red water (Not brotherhood, although i think brotherhood is better), so ithink its going to be more like AM's compendium