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Signing of Historic LOI for Mining Expedition to the Moon to Extract Rare and Valuable Isotopes
Signing of Historic LOI for Mining Expedition to the Moon to Extract Rare and Valuable Isotopes.
About this update from Us Nuclear Corp.
[{"type":"text","content":"LOS ANGELES, CA / ACCESSWIRE / February 16, 2021 / US Nuclear Corp (OTCQB:UCLE) and Solar System Resources Corporation in Poland signed a historic transatlantic agreement for the supply of the desperately rare helium-3 isotope from deposits located on the moon.Helium-3 is humanity's hope for cheap, ecological fusion energy without the production of radioactive wastes. It is estimated that 200 tons of helium-3 would be enough to meet the global annual energy needs of all mankind without producing greenhouse gases or pollution and without burdensome social austerities and sacrifices - unlimited, cheap, clean, green energy.Helium-3 finds many other uses beyond the energy sector, such as in research, cryogenics, quantum computers, MRI lung imaging, and nuclear spacecraft propulsion. It is also essential for the operation of security systems used to detect smuggling of fissile materials, which are utilized at airports and border crossing points around the world. It is worth mentioning that after the attacks of September 11, 2001, the demand for this isotope increased dramatically, as did its price.In the signed Letter of Intent, Solar System Resource Corporation Sp. z o. o. will deliver 500 kg (0.55 ton) of the helium-3 isotope by 2028-32, and US Nuclear Corp. will receive this delivery. The companies did not disclose the agreed price, but the current market price for helium-3 is 16.6 B$/ton.It is estimated that 1 kg of helium-3 in nuclear fusion with 0.65 kg of deuterium will provide about 19 MW of energy throughout the year, which means that 500 kg of helium-3 can produce 5 GW of clean, ecological energy 24 hours a day for one year for a major city (3+ million inhabitants). The value of the electricity produced would exceed 11 billion USD.The helium-3 isotope is found in very small amounts in natural helium, but there is little natural helium on Earth, and furthermore, it is not economical to produce this isotope from natural helium. All of the helium-3 resources we have on Earth are a by-product of nuclear weapons maintenance, which can theoretically provide about 300 kg of helium-3 and thus still produce about 15 kg of helium-3 per year. The total supply of strategic helium-3 in the US is about 29 kg, and another 187 kg has been mixed with stored natural gas - these resources are not renewable. The bottom line is that there i...