Machine Learning

China announces it will build a thorium salt based reactor

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Synopsis

1. In 2011, lightbridge share price was $6 or 4.8 times book value. 2. Lightbridge technology could reduce radioactive waste from nuclear weapon production 3. The Thorium reactor design could lead to a 50% reduction in volume of Uranium 4. Lightbridge reactors could result in a 90% reduction in long term radio toxicity, after 200 to 300 years 5. Thorium technology could increase reactor power by 30% and lower the cost per megawatt of energy 6. Why is Lightbridge still reporting a loss? (Reference Link) 7. China announced it would build a new thorium based molten salt reactor. 8. Kirk Sorensen’s company Flibe Energy is developing a small thorium powered reactor using a liquid salt core. 9. The world has an estimated 4.4 million tons of Thorium (Reference Link) 10. U-233 can be bred from thorium in a blanket 11. U-233 is better than uranium-235 and plutonium-239, because of its higher neutron yield per neutron absorbed 12. When U238 absorbs a neutron, it transmutes into U239 rapidly decaying into nept