Thorium occurs in thorite and in thorianite.
Large deposits of thorium minerals have been reported in New England and elsewhere, but these have not yet been exploited. Thorium is now thought to be about three times as abundant as uranium and about as abundant as lead or molybdenum. The metal is a source of nuclear power. There is probably more energy available for use from thorium in the minerals of the earth's crust than from both uranium and fossil fuels. Any sizable demand from thorium as a nuclear fuel is still several years in the future.