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Never heard of this approach before - uses a unique method of plasma confinement within a spinning sphere of liquid metal and mechanical compression of the plasma.
Scroll down and watch the video to see how it 'works'. General Fusion: Technology Demonstration
They want to build a demo plant so I'm sure they would like some investment $$$$$$$$ if anybody is that way inclined.
Today's newsQuote:
Originally Posted by Ferret
We can thank the amazing research at Australia Nuclear reactor in Sydney- World first in Silex Laser proof now. "SILEX Laser Isotope Separation (LIS) technology was invented by Silex Systems scientists Dr Michael Goldsworthy and Dr Horst Struve in the 1990's at " you guessed it Lucas Heights (Trivia- a school mate of mine built Lucas Heights) test report
In other news Australia is slow and going to pay for it? "AEMO warns of power 'gaps' in Australia's biggest grid within three years as coal exodus gathers pace"
Overseas news shows some uncommon common sense now
Why even environmentalists are supporting nuclear power today : NPR "Why even environmentalists are supporting nuclear power today"
Here Greens have yet to understand a few key facts. There is not nearly enough materials to replace all current power needs world wide. (Copper in particular) reference.
Attachment 180652 This is not by a fluffy me. The geologist that did it is on the money I think
How to power my Business for longer grid failure periods in Australia is on my mind right now?
I'm eyerolling so hard I gave myself a brain hemorrhage. What nonsense.
Yet another lot who does not understand what the term "reserves" means.
Let's explain this again. In mining, "reserves" is a legal term (to protect investors) that is defined to mean the quantity of a mineral that has been proved to exist by drilling or other accepted means to exist, that can be recovered economically (i.e. showing a profit) using today's technology and today's prices. It is only very tenuously related to "resources", which is the quantity of a mineral that is inferred (with varying confidence) to exist, that can be technically recovered.
It says nothing about the quantity of a mineral that is actually able to be recovered in the future. And it is worth noting that it is not worth any company carrying out work to find and prove reserves unless it can be shown that the probable reserve will have a DCF* rate of return greater than the company's hurdle* rate.
No (reputable) company is going to explore for minerals unless these criteria are met, so if there is plenty of a mineral known, there is no incentive to look for it. And if the demand is changing rapidly, the risks involved are very high, so even if it looks like there will be a shortage, exploration is unlikely. This applies especially to minerals (such as lithium) where inferred resources are far greater than reserves.
*DCF = Discounted Cash Flow, that is the cash flow from mining the reserve, discounted for the lead time and amount of investment prior to production. This is very sensitive to predicted mineral price and interest rate, and the estimated risk attached to proving the reserve, changes in interest rate, changes in price, delays in production, and sovereign risk.
Hurdle rate = the minimum return the organisation expects from an investment. It is sensitive to the predicted interest rate, and varies between organisations depending on their circumstances and alternative investments.
Not my work on reserves an honestly found on tweeter link so apologies if it is invalid. I am buying resources BHP in particular when is was what I felt is very over sold. Add it is Australia's biggest actual uranium miner at present. Its copper and other little items are in demand as well.Quote:
Originally Posted by JDNSW
Note re retail investment like little me ( cannon fodder?) and institutional investment local here and the Big guys. One part is sort of us- Super. Noticed "Net super contributions surge past $63bn
The superannuation industry has recorded a surge of 88 per cent in net contributions over the year to June 30"
63 billion Per year needing to be invested goes............ Liquidity means much of that has to go to NYSE or LSE as we are a bit of a minnow and a billion here or there makes huge unwanted market turmoil in thin turnover markets.
Our super investment are almost insignificant compared the EU and ............. Watching those large capital flows is not always rocket science happily.
I often get far ahead of reality - Tiger resources was a copper tragic in DRC for example.
Currently have +50% gains in Canadian and much more in an Australian company or two. Note I sold my fav C.S.L.[bawl] to do that.
Suspect Canadian which mines and also does other aspects of the fuel cycle is priced very cheaply and could be safest direct of EFTs another more broadly spaced and paced investment.
Predictions and risks are not always clear until after events.. All that glitters is not gold is the best rule to always remember
Good night all
Two things jumped up today. One was 25 year old solar panels in California at end of life and the other was that 50% of all carbon free power in the US is from Nuclear
After billions++++ of $ solar is just 7%
After billions of $++++ Wind is just 25%
Others were geothermal 1% and Hydro 17% link to American government twitter on this
Point is had those Billions gone into New Nuclear California would not be in blackouts, brown outs and significant shortages yesterday and today.
I am getting the papers on this to read from a student with access happily "Lasers could cut lifespan of nuclear waste from “a million years to 30 minutes,” says Nobel laureate
Physicist plans to karate-chop them with super-fast blasts of light."
Solutions needed of course.
My waffle on a issue between types of mining and my thoughts on a issue to do with one type of mining
not investment advice!!!
Acid is interesting to several mining process by the way [thumbsupbig]
https://twitter.com/NavyDiver12/stat...j30ZeREkGlDSaw
Found it and it is in progress with boffins still [biggrin] Single Cycle Laser SYLOS
SYLOS is not my favourite SILEX Laser tech at all. Any one else hate acronyms?
Oddly acronyms might be clear than the science in scientific terms?
Just when you think you might have it along comes "SYLOS 2 "[thumbsupbig]
Just in case I am confusing as usual this is ongoing research in to SYLOS which may soon have Nuclear waste being safe in minutes. That seems to me to be worth watching with interest.
This is very very cool
Two billion years ago— eons before humans developed the first commercial nuclear power plants in the 1950s— seventeen natural nuclear fission reactors operated in what is today known as **on in Western Africa [Figures 1 and 2]. The energy produced by these natural nuclear reactors was modest. The average power output of the **on reactors was about 100 kilowatts, which would power about 1,000 lightbulbs. As a comparison, commercial pressurized boiling water reactor nuclear power plants produce about 1,000 megawatts, which would power about ten million lightbulbs.
Did I mention I love Science
PS I was trained in fear Plus of Nuclear war during the Cold war[biggrin]. Understand reasons for fear is needed.
Have a great weekend all
https://blogs.scientificamerican.com...estern-africa/
Another very informative review on Nuclear waste where I first heard about this billion year old event! A week at Chernobyl or a week in Beijing when its air pollution is at a peak was a consideration everyone needs to think of in terms of health and nuclear waste. Not suggesting go to Chernobyl while there is a war on![bigwhistle]
The historical natural nuclear reactions in Africa was one I had no idea about. Great to be able to study its impacts now [thumbsupbig]
https://www.youtube.com/watch?v=4aUO...e=emb_imp_woyt
Right now it is impossible to imagine The US Government, Bill Gates /Terra Power, Rolls- Royce, Nuscale Power Corp and others missing the fact they all have a very very short time frame for the HALEU fuel side of their rapidly accelerating plans.
How much extra Uranium needed is about to be demonstrated but only when the price incentive is assured and contracted for miners.
I waffle a bit [thumbsupbig] https://twitter.com/NavyDiver12/stat...YnzymvdJOGRnUw
