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No you can not they have to be unnoted same with Pure essence.
You make rune essence into runes at any Runecrafting altar. You have to complete the Rune mysteries quest and have the required Runecrafting level. Check the runecrafting guide in-game to find out more (each rune required different levels) You also need a tiara or talisman. Talismans can be brought or got from monster drops or sometimes from quests. Tiaras are made by taking a tiara and a talisman to an altar and using the talisman on the altar used to craft runes. Also, if you are member you can only make these runes: Fire Water Earth Air Mind Body With normal rune essence. To make others you need pure essence (bought or mined from essence mine with 30 mining, members only)
Well, first I don't know if you're talking about money, or runes, so I'll explain both. At level 99 Runescrfting, you can make 10 air runes per rune essence. Just below that, you can make 8 mind runes per rune essence. Now, money. Each air rune is worth around 9 to 13 gp. So if you get a full inventory or rune essence (28) you will get 280 air runes. Times that by the average price or air runes (11gp), you will get around 3080 gp. Not much. You're better off making 2 natures per rune essence. You can do that at level 95 Runecrafting.
You need to get rune essence, an appropriate talisman, and have completed the quest " Rune mysteries". Then you need to go to the correct altar and use your talisman on the stone, then use your rune essence on the altar.
You can. At the end of each altar (known as a "round") in the Great Orb Project mini-game, each player is automatically given Rune Essence (Pure Essence if on a Member world) based on the score they received in that round. You will always get at least one Rune Essence as you receive it automatically, even if your team did not score any. Players may use these Rune Essence to craft runes at the current altar of the round to gain experience and obtain runes before entering the portal to the next altar. Other than this, playing the activity itself will not grant a player any experience in Runecrafting.