Transport and thermodynamic properties of a sintered pellet of the newly di
scovered MgB2 superconductor have been measured to determine the characteri
stic critical magnetic fields and critical current densities. Bath resistiv
e transition and magnetization data give similar values of the upper critic
al field, H-c2, with magnetization data giving dH(c2)/dT = 0.44 T/K at the
transition temperature of T-c = 40.2 K. Close to the transition temperature
, magnetization curves are thermodynamically reversible, but at low tempera
tures the trapped flux can be on the order of 1 T. The value of dH(c)/dT at
T-c is estimated to be about 12 mT/K, a value similar to classical superco
nductors like Sn. Hence, the Ginzburg-Landau parameter kappa similar to 26.
Estimates of the critical supercurrent density, J(c), using hysteresis loo
ps and the Bean model, give critical current densities an the order or 10(5
) A/cm(2). Hence the supercurrent coupling through the grain boundaries is
comparable to intermetallics Like Nb3Sn.