Solvay, AREVA developing applications uses thorium, uranium rareearth elements

Solvay, AREVA JV to develop new applications for thorium

10:33 AM, 24th December 2013
Solvay, AREVA agremment in developing new applications which uses rare earth metals

BRUSSELS, BELGIUM: Solvay and AREVA have signed an agreement to develop new applications for the use of thorium, an element that is abundantly present in the earth’s crust and part of rare earth elements or uranium. The agreement aims to define the conditions ensuring the responsible management of thorium. It includes the deployment of a R&D programme to study, amongst others, the use of thorium as a potential fuel in nuclear plants, as a complement to fuels using uranium and plutonium.

“This agreement highlights our commitment to ensure sustainable management of natural resources. It should open the door to develop this element and provide new opportunities for collaboration,” said Xavier Houzard, EVP Environmental Rehabilitation, Solvay.

 

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