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"The Green Alternative"Thorium: "The Lemhi Pass district has the largest known resource of thorium veins in the United States” US Geological Survey
Thorium Energy, Inc. has one of the largest documented high-grade thorium properties in the world-approximately 80% of the U.S. known and estimated reserves. Thorium is a superior nuclear fuel and has several important advantages over uranium: Rare Earth Metals: "The Lemhi Pass thorium veins not only have substantial resources of rare earths but also tend to be abnormally enriched in Nd (neodymium).” - US Geological Survey In addition, Thorium Energy, Inc. also has large resources and reserves of high-grade, rare earth metals within its properties. The United States uses over $1 Billion of rare earth metals annually - the majority of which is becoming increasingly owned by and imported from China at a rapid pace. - Rare earth metals are VITALLY important to the US national security and defense.
- Rare earth metals are CRITICAL to many "green" technologies such as; wind generation, hybrid vehicles and magnets.
- Rare earth metals have a growing US government and industrial demand, and a supply that is INCREASINGLY jeopardized by restrictive Chinese export quotas.
United States Government Thorium Legislation (Also see "Legislation Tab") Senate Bill, S.3680: Senator's Orin Hatch and Harry Reid - To amend the Atomic Energy Act of 1954 in order to provide for thorium fuel cycle nuclear power development as a prelude to electrical generation. http://www.govtrack.us/congress/billtext.xpd?bill=s110-3680 Congressional Bill HR1534: Congressman Joe Sestak - To direct the Secretary of Defense and the Chairman of the Joint Chiefs of Staff to carry out a study on the use of thorium - liquid fueled nuclear reactors for naval power needs, and other purposes. http://www.govtrack.us/congress/billtext.xpd?bill=h111-1534 June 20, 2009: http://newsblaze.com/story/20090620073754zzzz.nb/topstory.html Congressional Bill HR2015: Congressman Joe Sestak - To instruct the Secretary of Energy to carry out a study of thorium-fueled nuclear reactor technology to determine where the US stands compared to the rest of the world in the development and deployment of this technology. http://www.govtrack.us/congress/billtext.xpd?bill=h111-2015 June 29, 2009: http://sestak.house.gov/apps/list/press/pa07_sestak/PR_090626_CapTrade.shtml Congressional Rare Earths Support: Congressman Coffman supporting legislation concerning the strategic importance of rare earths: June 29, 2009: http://coffman.house.gov/2009/06/congressman-coffman-comments-on-fiscal-year-2010-defense-authorization-bill.shtml Senator Evan Bayh (D-IN) and Representative Mike Coffman (R-CO) have both included amendments in the Fiscal Year 2010 National Defense Authorization Act requiring a government assessment of the availability of rare earth materials to support industry and the defense market. These studies will culminate with a report that proposes a strategy for ensuring a long-term domestic supply of rare earth materials, a report Thorium Energy Inc. believes will spur increased interest in the domestic market. United States Geological Survey (U.S.G.S.) Reports Thorium: Rare Earths: **** NEW PRESS RELEASE OCT 08, 2009**** New USGS Rare Earth Report Includes Thorium Energy, Inc.
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Featured News Article(s); China Tightening Control of Rare Earth Minerals - NYTimes.com ~~~~~~~ US News & World Report; America's New Energy Dependency: China's MetalsA clean-energy economy needs rare-earth metals to succeed. China has a near monopolyBy Kent Garber - Posted July 1, 2009: http://www.usnews.com/articles/news/national/2009/07/01/americas-new-energy-dependency-chinas-metals.html Thorium Energy Inc's Bloghttp://thoriumenergyinc.blogspot.com/2009/04/green-energy-thorium-solutions.html Visitors by countries (since June 2, 2009) <a href="http://s04.flagcounter.com/more/iiQ"><img src="http://s04.flagcounter.com/count/iiQ/bg=FFFFFF/txt=000000/border=CCCCCC/columns=3/maxflags=15/viewers=TEI+visitors/labels=1/" alt="free counters" border="0"></a> |