Thorium is named after Thor, the god of thunder in Norse mythology. It is three to four times more abundant in nature than uranium but historically has found little use in industry or power generation. This is partly because thorium in itself is not a nuclear fuel, but it can be used to create one. Thorium-232, the only naturally occurring isotope of thorium, is a fissionable material but not a fissile one, meaning that it needs high-energy neutrons to undergo fission — the splitting of atomic nuclei which releases energy that is used for electricity generation. However, when irradiated, thorium-232 undergoes a series of nuclear reactions, eventually forming uranium-233, a fissile material that can be burned up as fuel in nuclear reactors.
In the past several countries did research on Thorium reactors. India, Japan, Germany, the UK, the USA. France, Japan, Czech, Denmark, Norway, Canada etc and of course China. China had a joint agreement with the Canadians.
Despite its abundance, the metal is currently expensive to extract. Thorium is very insoluble.
A few examples of old Thorium Reactors....
The 300 MWe Thorium High Temperature Reactor (THTR) at Hamm-Uentrop in Germany operated with thorium-HEU fuel between 1983 and 1989.
The 40 MWe Peach Bottom HTR in the USA was a demonstration thorium-fuelled reactor that ran from 1967-74.
The 330 MWe Fort St Vrain HTR in Colorado, USA, was a larger-scale commercial successor to the Peach Bottom reactor and ran from 1976-89.
A unique thorium-fuelled light water breeder reactor operated from 1977 to 1982 at Shippingport in the USA.
Indian heavy water reactors (PHWRs) have for a long time used thorium-bearing fuel bundles.
NOTE: There are seven different types of Thorium reactors - Heavy Water Reactors (PHWRs), High-Temperature Gas-Cooled Reactors (HTRs), Boiling (Light) Water Reactors (BWRs), Pressurized (Light) Water Reactors (PWRs), Fast Neutron Reactors (FNRs), and finally the still experimental Molten Salt Reactors (MSRs) & Accelerator Driven Reactors (ADRs).