Lightbridge is working on thorium-based seed & blanket fuel assembly for new and existing reactors. This technology, which Lightbridge has developed to be compatible with light water reactors, uses “thorium-uranium oxide pelletized fuel rods similar to that of conventional fuel rods presently used in commercial light water reactors.”
The difference, the company explains, is that the thorium-uranium oxide will replace the more conventional uranium oxide.
The company is one of the few publicly traded nuclear fuel technologies companies working with thorium technology — but as it catches on, this company could easily move to the top.
With Thorium gaining momentum in the Indian and Chinese markets I believe it’s only a matter of time before the European and American markets truly feel the rise of thorium, and investing now would be great for future holdings.
Thorium is a derivative for uranium, and the benefits of thorium far exceed that of any other competition, with no nuclear waste produced and a far greater energy yield per kg (It is estimated that one ton of thorium can produce as much energy as 35 tons of uranium in a liquid fluoride thorium reactor), much greater quantity all across the world, and the list goes on!
Overall in a world going more green, this highly efficient, little rock of near pure energy will certainly shake things up a bit! Thanks for reading, do your own Due Diligence.
Two new members in one post, I don’t have a tsunami emoji! Welcome to the community folks
Looking at the market cap and volume this looks like it might be a bit tricky for :freetrade: to support, but I might be wrong. When you have low cap / low volume stocks the execution price might differ from the displayed price. This would lead to people being annoyed / disappointed with the platform.
@J4ckSt4yn3s you’re pretty good with mining stocks, do you have any idea how to get some exposure to Thorium another way while @Anna74 & @Greengirl60 what for this one?
To be honest this is the first I’m hearing of it. But I’m interested, so I voted and now I’m going to find out more about Thorium, if I find anything relevant I’ll be back.