The US has classified Thorium, with a half life of over 12 Billion years, a radioactive hazard. China now has the monopoly on rare earth refining because of this bad policy. Thorium is safe, gives out less radiation then gas cook-tops, phosphate in Bananas or Granite Counters.
Recently China hacked the Oak Ridge National Labs computers and our DOE has given the design of the future wonder energy source the Thorium LFTR. China intends on owning the IP of our working design from the 1960s. The LFTR can’t blow up, melt down or make nuclear weapons. 6600 tons equal all the coal, oil, gas and uranium burned yearly. The NRC has been only focused on safety of Light Water Reactors and has only started to look to new 4th Generation Reactors. Oak Ridge National Labs had a working proven design of the LFTR and ran it for 20,000 hours. Its biggest problem was it couldn’t supply nuclear weapon material during the cold war and was forgotten.
US needs to form a national Rare Earth Chartered PPP Refinery and Thorium Bank to develop our technology on what is a 4 Trillion emerging clean energy market. More on thorium energyfromthorium.com