Washington D.C. (PRWEB) September 23, 2014
The Critical Connection Between Rare Earth Elements and Thorium – How the U.S., Allies Can Be REE and Energy Independent
An NCPA presentation with Thorium Energy Alliance on September 26th in the Rayburn House Office Building, 12:00 noon – 1:30, Room B-369, Washington D.C. will profile the critical relationship between Rare Earth minerals and the element Thorium.
Two of the presenters at the briefing are John Kutsch, executive director of the Thorium Energy Alliance, and James Kennedy of Three Consulting, both of whom have spent the last six years educating about legislation that returns the production and processing of rare earth materials to the United States.
"Rare earth elements are critically important in virtually all high-tech industries, essential for the Consumer, National Security Defense and Green-Technology sectors. All windmills and most solar cells require rare earth elements to function. Rare earths are also found in every smart phone and computer manufactured as well as the DoD’s Advanced Weapons systems found in all branches of the military. The need for a reliable, fully integrated domestic supply chain for rare earth elements is critical for the advancement of U.S.’s global position in these emerging industries as well as the defense of our nation,” said Kennedy.
The House Resolution (H.R. 4883) and Senate Resolution (S.R. 2006), both titled “The National Rare Earth Cooperative Act” (N.R.E.C.A.) will create a privately funded multi-national rare earth cooperative between the U.S. and Japan, the EU, Canada and Australia.
"The cooperative would utilize abundant rare earth materials that U.S. mines currently discard because the rare earth elements are most often found with Thorium, a mildly radioactive natural element," said Kutsch.
As part of N.R.E.C.A. [ HR4883, SR2006 ]: "Thorium will be safely stored by a multi-national corporation that will bank the Thorium byproduct and develop commercial uses for Thorium and Thorium energy systems. The Thorium Energy and Storage Corporation will be required to seek out direct investment from sovereign entities (International Atomic Energy Agency member states)."
"Unlike solid-state reactors, Walk away safe, high-temperature, Thorium liquid-fueled reactors can eliminate the risk of widespread accidents and vastly reduce issues related to spent-fuel and the proliferation of weapons-grade material," said Kutsch.
"The United States operated three liquid-fueled reactors in the 1950s and 1960s. The much safer reactor technology was not pursued at the time because they were incompatible with the nuclear weapon and solid fuel reactor programs of the cold war era," said Kennedy.
The House Resolution (H.R. 4883) [Stockman R, TX-36]
Senate Resolution (S.R. 2006) [Blunt R Mo. & Manchin D Wv]
Location: Rayburn House Office Building, 12:00 noon – 1:30, Room B-369, Washington D.C.
Contact: James Kennedy – mjkennedy(at)threeconsulting(dot)com
Contact: John Kutsch — thoriumenergyalliance(at)gmail(dot)com / http://www.thoriumenergyalliance.com
For more information, please contact: John Kutsch, Executive Director – Thorium Energy Alliance.
312.303.5019 / thoriumenergyalliance(at)gmail(dot)com