http://www.wired.com/wiredscience/2…+wired/index+(Wired:+Index+3+(Top+Stories+2))
China has officially announced it will launch a program to develop a thorium-fueled molten-salt nuclear reactor, taking a crucial step towards shifting to nuclear power as a primary energy source.
If the reactor works as planned, China may fulfill a long-delayed dream of clean nuclear energy. The United States could conceivably become dependent on China for next-generation nuclear technology. At the least, the United States could fall dramatically behind in developing green energy.
“President Obama talked about a Sputnik-type call to action in his SOTU address,” wrote Charles Barton, creator of the Nuclear Green Revolution blog, on the Energy From Thorium discussion forum. “I think this qualifies.”
While nearly all current nuclear reactors run on uranium, the radioactive element thorium is recognized as a safer, cleaner and more abundant alternative fuel. Thorium is particularly well-suited for use in molten-salt reactors, or MSRs. Nuclear reactions take place inside a fluid core rather than solid fuel rods, and there’s no risk of meltdown.
In addition to their safety, MSRs can consume various nuclear-fuel types, including existing stocks of nuclear waste. Their byproducts are unsuitable for making weapons of any type. They can also operate as breeders, producing more fuel than they consume. Blah Blah Blah….
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1. Not using uranium and byproducts are unsuitable for making weapons of any type. this mean in theory they can sell reactor/know how to rogue states of the world such as Iran and North Korean without the fear of breeding nuclear wepaons or weapons of any kind.
2. A new system of zero meltdown risk. Great!
3. New energy of the future!!!!! Great!!!!!
4. If you hold shares in RMR, you lucky bastards!!!!!!!! Not only is RMR into gold and rara elements, from what is written, it show that from the latter thorium is one of the by-product they can mine, once they get the greenlight from Greenland..
5. B. About Niobium
Niobium and tantalum have a strong geochemical coherence and usually occur together in nature. Besides tantalum, niobium is most commonly associated with thorium, titanium and lanthanides (REE). Niobium (Nb) is soft and ductile and characterized by high melting and boiling points. (Sources: http://www.proactiveinvestors.com.au/sponsors/1429/ram-resources-1429.html)
6. With all these potentials, RMR is currently trading at only 2.5c with current shares issued of under 550m. I think this won’t be the case for long once.
7. Should also start looking at other company that are really into thorium…. please list them in reply if you know any other. Would GGG who is next to RMR in Greenland be one?
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