Of course.
You'll only alchemize one noted item per spell cast of High or Low Alchemy.
In Runescape, You receive 65 Magic XP for every High Alchemy spell that is cast.
You don't make an alchemy, alchemy is when you cast a spell on something and it turns it into money.
The bestest way is crafting Nature Runes, I heard there's a lot of profit to be made there considering nature runes are whats needed for mages to cast high-alchemy spells to train magic.
The cast of Secrets of Alchemy - 2004 includes: Jay Weidner as himself
The cast of Calico Alchemy - 2013 includes: Ilias Petropouleas Yannis Stankoglou
The cast of Alchemy - 2007 includes: Ron Basch as Dan Sasha Fine as Amy
The cast of Feathers and Alchemy - 2011 includes: Rachel Kadison as Woman Aleca Piper as Man
The cast of Alchemy for Beginners - 2008 includes: Belinda Small as Lorraine Ray Tiernan as Derek
There is no real definition of "good for alchemy." If all you want is experience, any item that can be alched is "good." If you want to minimize monetary loss or make a profit, any item that yields more coins than the cost of the runes to cast the spell or can be obtained for only a couple GP could also said to be "good." However, high alchemizing an item will seldom make you more money (coins minus cost of the nature rune) than selling it on the Grand Exchange would, meaning purchasing items in bulk to alchemize will result in a net loss.
Um cast spells.
afraid to say theres no such thing as ice burst on runescape