Without knowing what the product is, it's hard to say whether it's useful or not.
If it's calcium chloride, then it can work, but you'll need to add a separate alkalinity supplement, and may have to worry about chloride rising slowly over long periods.
If it is calcium acetate, go for it. That will add both calcium and alkalinity.
If it is calcium carbonate, don't add it directly to the tank, as it will cause Ca++ and alk to drop. Dissolve it in water first, then add it.
It is very, very unlikely to be "pure calcium". That would be a shiny silver metal that would explode in a ball of flame on contact with water. OTOH, it will add both calcium and alkalinity to the tank!
It could be something else entirely.
[ August 08, 2001: Message edited by: Randy Holmes-Farley ]