Its time to replace the fuel in the space rockets boster to space with Thorium. This will sharply reduce danger to the space crew possible explosion. IMO
Thorium is identified in the periodic table as element number 90 and uses the symbol Th. This is a naturally occurring metal that is three to four times as common as uranium. It isn't as radioactive as uranium, and in molten-salt reactors demonstrates the ability to breed from thorium to uranium.
According to Nobel laureate Carlo Rubbia, a ton of thorium has the ability o produce the same amount of energy as 200 tons of uranium. Combine the fact that this metal is far more common that uranium, and burns more efficiently, this is a metal to keep an eye on. for future uses.
Due to its extreme density, thorium is being highlighted for its potential to produce tremendous amounts of heat. Many companies have been experimenting with small bits of thorium, creating lasers that heat water, producing steam which can power a mini turbines. According to CEO Charles Stevens from Laser Power Systems (LPS) from Connecticut, USA,, just one gram of the substance yields more energy than 7,396 gallons (28,000 L) of gasoline and 8 grams would power the typical car for a century.
Sentiment: Strong Buy
For the past two decades, global demand for rare earth elements has experienced an upward trend (Figure 1). This is projected to continue to grow as a result of the developing REE supply chain as more high-tech and green industry applications come into the marketplace. During this time, China has been the primary producer and refiner of rare earth elements. With China's dominance of the supply of REEs, the rest of the world (ROW) is currently dependent on Chinese exports to meet its own growing needs; however, recent behaviors have demonstrated a desire to retain more of the materials for internal consumption. According to the Industrial Mineral Company of Australia (IMCOA), Chinese export quotas are projected to gradually decrease by a third from 30,200 tonnes in 2011 to 22,000 tonnes in 2016. In 2011, ROW demand exceeded Chinese exports of REE by 4,800 tonnes. By 2016, this gap is projected to widen to 34,000 tonnes indicating a need for a 2/3rds increase of ROW supply sources.