China plans to have a 5 megawatt Liquid Fluoride Thorium Reactor in 2015
A bit of history via El Pollo Real:
...Natural transmutation was first discovered when Frederick Soddy, along with Ernest Rutherford, proved that radioactive thorium converted itself into radium in 1901. At the moment of realization, Soddy later recalled shouting out: "Rutherford, this is transmutation!" Rutherford snapped back,
"For Christ's sake, Soddy, don't call it transmutation.
They'll have our heads off as alchemists."
We've been following the story for quite a while. From our 2010 post"UPDATED: Ambrose Evans-Pritchard: "Safe nuclear does exist, and China is leading the way with thorium":
...The promise of thorium has been a siren song for the last couple decades, back in 2008 I dropped this comment at the WSJ's Environmental Capital blog: