Well, I think you're in for a long night. I've never heard this expression (nor the word) and M-W describes the noun form (rather than the verb form; there is no adjective form) as a product (as a metal oxide) of calcination or roasting.I have to translate this: "Well, I’m always up for trying something calcine or something new".
I can't get what this "calcine" means.
Alchemy is where you try to turn kangaroo into emu. They're Australians... I figure they're roasting the roo myself.