Quote from jem:
I have read about thorium reactors... I need to learn more.
http://en.wikipedia.org/wiki/Thorium
Okay.. now I know why REE was an interesting stock a while ago. (my best percentage gain in years.)
Thorium is in monzanite (sp) and considered a rare earth element which is not so rare.
Now I know why china i cutting back on the export or rare earth elements.
Thorium is not a rare earth, but is often found in the same deposits as rare earths. In their own mining China is stockpiling the thorium that is produced as a side effect of mining rare earths. China cut back on the exports of rare earths because it wants to reserve their rare earths for their own manufacturers. They'd rather export generators that use rare earth in their magnets than export the rare earths to some foreign manufacturer of generators.
