Thorium: Crustal Abundance, Joint Production, and Economic Availability

Recently, interest in thorium's potential use in a nuclear fuel cycle has been renewed. Thorium is more abundant, at least on average, than uranium in the earth's crust and, therefore, could theoretically extend the use of nuclear energy technology beyond the economic limits of uranium res...

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Main Authors: Jordan, B., Eggert, R., Dixon, B., Carlsen, B.
Format: Journal Article
Published: Pergamon Press 2015
Online Access:http://hdl.handle.net/20.500.11937/36056
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author Jordan, B.
Eggert, R.
Dixon, B.
Carlsen, B.
author_facet Jordan, B.
Eggert, R.
Dixon, B.
Carlsen, B.
author_sort Jordan, B.
building Curtin Institutional Repository
collection Online Access
description Recently, interest in thorium's potential use in a nuclear fuel cycle has been renewed. Thorium is more abundant, at least on average, than uranium in the earth's crust and, therefore, could theoretically extend the use of nuclear energy technology beyond the economic limits of uranium resources. This paper provides an economic assessment of thorium availability by creating cumulative-availability and potential mining-industry cost curves, based on known thorium resources. These tools provide two perspectives on the economic availability of thorium. In the long term, physical quantities of thorium likely will not be a constraint on the development of a thorium fuel cycle. In the medium term, however, thorium supply may be limited by constraints associated with its production as a by-product of rare earth elements and heavy mineral sands. Environmental concerns, social issues, regulation, and technology also present issues for the medium and long term supply of thorium.
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institution Curtin University Malaysia
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publishDate 2015
publisher Pergamon Press
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spelling curtin-20.500.11937-360562017-09-13T15:15:33Z Thorium: Crustal Abundance, Joint Production, and Economic Availability Jordan, B. Eggert, R. Dixon, B. Carlsen, B. Recently, interest in thorium's potential use in a nuclear fuel cycle has been renewed. Thorium is more abundant, at least on average, than uranium in the earth's crust and, therefore, could theoretically extend the use of nuclear energy technology beyond the economic limits of uranium resources. This paper provides an economic assessment of thorium availability by creating cumulative-availability and potential mining-industry cost curves, based on known thorium resources. These tools provide two perspectives on the economic availability of thorium. In the long term, physical quantities of thorium likely will not be a constraint on the development of a thorium fuel cycle. In the medium term, however, thorium supply may be limited by constraints associated with its production as a by-product of rare earth elements and heavy mineral sands. Environmental concerns, social issues, regulation, and technology also present issues for the medium and long term supply of thorium. 2015 Journal Article http://hdl.handle.net/20.500.11937/36056 10.1016/j.resourpol.2015.02.002 Pergamon Press restricted
spellingShingle Jordan, B.
Eggert, R.
Dixon, B.
Carlsen, B.
Thorium: Crustal Abundance, Joint Production, and Economic Availability
title Thorium: Crustal Abundance, Joint Production, and Economic Availability
title_full Thorium: Crustal Abundance, Joint Production, and Economic Availability
title_fullStr Thorium: Crustal Abundance, Joint Production, and Economic Availability
title_full_unstemmed Thorium: Crustal Abundance, Joint Production, and Economic Availability
title_short Thorium: Crustal Abundance, Joint Production, and Economic Availability
title_sort thorium: crustal abundance, joint production, and economic availability
url http://hdl.handle.net/20.500.11937/36056