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New thorium mine, a safer metal than uranium, is found in Finland. Rare mine could generate energy for up to 20 million years. Meet the mine that could retire oil in the future!
Mine that can retire oil? A surprising discovery in Finland could transform the global energy sector. In early February, scientists announced the location of a giant mine of thorium, a chemical element that promises to revolutionize the nuclear power generation. Considered a safer alternative to uranium, thorium could pave the way for a new energy era by reducing dependence on oil. In this article, we explore how this discovery could redefine the future of global energy production.
The importance of the discovery of the Thorium mine in Finland
According to a Spanish website ECOticias, specialized in the environment, the amount of the safer metal than uranium found is so important that it could supply the world for approximately 20 million years.
Thorium, found in the mine that will retire the oil, is a slightly radioactive chemical element that can be used as fuel in nuclear reactors.
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Thorium reactors produce less radioactive waste and do not generate plutonium, an element that increases the risk of nuclear proliferation. researchers have been studying the potential of the metal found in the rare mine in Finland, they produce less radioactive waste and do not generate plutonium, an element that increases the risk of nuclear proliferation.
Scientists have been studying the potential of thorium for several years, but the high cost of the metal and the high investment in infrastructure for its use are still challenges. However, the discovery of the mine that will retire oil in Finland could boost investment and drive the transition to this new technology, according to experts.
Exact amount found in mine located in Finland continues to be evaluated
The thorium mine, a metal safer than uranium, in Finland, was found in the Lapland region by a team of geologists who were carrying out studies in the area.
The exact quantity of the element present in the mine that will retire the oil continues to be evaluated, but the first estimates point to an unprecedented reserve in the history of mining of this element.
The rare earth mine’s strategic location also favors its exploration. Finland has an advanced mining infrastructure and cutting-edge technologies that can facilitate the extraction and processing of the safest material than uranium.
This new oil-removing mine could have a profound impact on the energy transition to cleaner sources. With increasing pressure to mitigate greenhouse gas emissions and dependence on fossil fuels, thorium is emerging as a promising alternative.
If thorium mining is viable, it could be a significant shift in the nuclear energy sector, boosting research into fission reactors based on this safer element than uranium. It could also reduce Western countries' dependence on uranium, where the supply chain is controlled by a few producers in the world.
Major challenges in discovering rare earth in Finland
Despite the great potential of the mine that will retire the oil, there are still important challenges for thorium to become a commercial reality.
Currently, most of the world's nuclear reactors are designed to use uranium, which means that it would be expensive to adapt the infrastructure. In addition, there are still strict regulations for the use of this metal found in the mine as nuclear fuel, which could delay its use on a large scale.
However, the progress of research in Finland and the search for cleaner forms of energy could result in a fundamental step towards revolutionizing the nuclear sector in the coming years. It is important to highlight that China, one of the world's greatest powers, is already building a plant that uses thorium for the generation of clean energy.
