Sunday, June 8, 2008

Status of Thorium Power's fuel design

This blog is devoted to information about thorium as a fuel and about Thorium Power as an investment opportunity.

The economic potential of Thorium Power hinges upon its ability to license its fuel designs. And first it must test, build, and obtain licenses or some form of acceptance from the nuclear industry and governments which license nuclear plant construction.

This article is about the state of testing.

Here is an excerpt from the article:

"In about three years, Thorium Power hope to begin full-size tests which will take another three years. After that the company hopes to gain regulatory approval for the fuel to be used in commercial reactors, at which point it would licence or sell the technology to established nuclear fuel manufacturers."

http://www.world-nuclear-news.org/explorationNuclearFuel/Thorium_passes_tests.shtml?jmid=791914082

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