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Thorium is a radioactive metal primarily used in nuclear reactors and as a potential fuel for thorium-based nuclear energy systems. Its high thermal conductivity and ability to breed fissile uranium-233 make it an attractive alternative to conventional uranium fuels. Economically, thorium has gained interest for its potential to enhance energy security and reduce nuclear waste compared to traditional nuclear fuels.
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices