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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:

  • Thorium powered nuclear reactors are more efficient and produce less than 1% of the waste of today's uranium nuclear reactors.
  • Thorium reactors are safer, less expensive, smaller and can be configured to eliminate the possibility of melt downs or accidents.
  • Thorium does not produce plutonium and thus, could effectively eliminate further weapons production in volatile regions and reduce proliferation on a global scale, thus ending stalemate arguments over dubious nuclear programs such as exist in Iran and North Korea.
  • Proprietary thorium technology, capable of safely and efficiently dismantling nuclear stockpiles and eliminating spent uranium, now exists.

 

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.

 

Featured Video(s);

CNBC on Rare Earths: http://www.cnbc.com/id/15840232?play=1&video=1214209086
 http://www.youtube.com/watch?v=eU3cUssuz-U
Featured News Article(s);
China Tightening Control of Rare Earth Minerals - NYTimes.com
  Sumitomo deal with Kazakhstan to supply rare earth minerals
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article6793853.ece 
August 12, 2009   Leo Lewis, Asia Business Correspondent for Times Online
~~~~~~~ 
US News & World Report; America's New Energy Dependency: China's Metals
A clean-energy economy needs rare-earth metals to succeed. China has a near monopoly
By 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 Blog

http://thoriumenergyinc.blogspot.com/2009/04/green-energy-thorium-solutions.html

 

 

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