Sec. 205. Thorium
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The Secretary, in consultation with the Nuclear Regulatory Commission, shall conduct a study on the technical, economic, and policy issues (including nonproliferation) associated with establishing a licensing pathway for the complete thorium nuclear fuel cycle (including mining, milling, processing, fabrication, reactors, disposal, and decommissioning) that— identifies the gaps in the technical knowledge that could lead to a licensing pathway; and considers technologies and applications for any thorium byproducts of critical mineral production or processing.
In conducting the study under subsection (a), the Secretary shall cooperate with appropriate— trade associations; equipment manufacturers; National Laboratories; institutions of higher education; and other applicable entities. Not later than 2 years after the date of enactment of this Act, the Secretary shall submit to Congress a report summarizing the findings of the study.