Thorium Resources

The Thorium is a naturally-occurring,slightly radioactive metal discovered by Swedish chemist Jons Jakob Berzeliusin 1828.

Country	Reserves (tonnes)
Australia	300 000
India	290 000
Norway	170 000
USA	160 000
Canada	100 000
South Africa	35 000
Brazil	16 000
Other countries	95 000
World total	1 200 000

Thorium as a Nuclear fuel

Thorium, as well as uranium, can be used as a nuclear fuel. Although not fissile itself, thorium-232 (Th-232) will absorb slow neutrons to produce uranium-233 (U-233), which is fissile. Hence like uranium-238 (U-238) it is fertile.
In one significant respect U-233 is better than uranium-235 and plutonium-239, because of its higher neutron yield per neutron absorbed. Given a start with some other fissile material (U-235 or Pu-239), a breeding cycle similar to but more efficient than that with U-238 and plutonium (in slow-neutron reactors) can be set up. The Th-232 absorbs a neutron to become Th-233 which normally decays to protactinium-233 and then U-233. The irradiated fuel can then be unloaded from the reactor, the U-233 separated from the thorium, and fed back into another reactor as part of a closed fuel cycle.
Over the last 30 years there has been interest in utilising thorium as a nuclear fuel since it is more abundant in the Earth's crust than uranium. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might theoretically be available (withouit recourse to fast breeder reactors