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Compliance Energy Corp CPYCF

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining Project (Raven Project).


GREY:CPYCF - Post by User

Post by 2guyson Sep 28, 2012 2:52pm
98 Views
Post# 20425671

Thorium?...

Thorium?...

A couple links if you have the time to read. Thorium is being studied, but it still remains to see how much more beneficial it is and it isn't easily extractable in a viable cost efficient commercial way.

Thanks for bringing this up mokita. Too bad you can't use Thorium for steel production. Steel production still needs Met/Coking coal. atb

https://www.world-nuclear.org/info/inf62.html

  • Thorium is more abundant in nature than uranium.
  • It is fertile rather than fissile, and can be used in conjunction with fissile material as nuclear fuel.
  • Thorium fuels can breed fissile uranium-233.

The use of thorium as a new primary energy source has been a tantalizing prospect for many years. Extracting its latent energy value in a cost-effective manner remains a challenge, and will require considerable R&D investment.

https://www.wired.com/wiredscience/2012/09/thorium-report/

By Duncan Geere, Wired UK

A report into the much-touted nuclear fuel alternative thorium has concluded that many of its supposed benefits are “overstated.”

The report, which was compiled for the Department for Energy and Climate Change by the UK’s National Nuclear Laboratory, notes that thorium has “theoretical advantages” in the fields of sustainability, reduced radiotoxicity and lower proliferation risk, but adds: “While there is some justification for these benefits, they are often overstated.”

Proponents of thorium as a nuclear fuel point to its widespread availability, efficiency in running, reduction in hazardous waste and the impossibility of building a nuclear bomb from spent fuel. However, further research is needed to commercialise the fuel and make it competitive with existing nuclear reactors.

Britain built an experimental thorium-fuelled reactor in the ’60s and ’70s in Winfrith, but it’s now partially decommissioned. Elsewhere, however, research has continued — China is developing several different types of thorium reactor, and India is expected to start construction of a thorium plant in four years.

“It is important to recognise that worldwide there remains interest in thorium fuel cycles and this is not likely to diminish in the near future,” the report says. “It may therefore be judicious for the UK to maintain a low level of engagement in thorium fuel cycle research and development by involvement in international collaborative research activities.”

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