HIGH STRENGTH STEEL PRODUCTION A Pathway to Prosperity
HIGH STRENGTH STEEL PRODUCTION What You Should Know:
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• High-‐strength steels are a cost-‐efficient means of reducing the weight, of both premium-‐segment cars and of mid-‐size and compact vehicles. • Advanced high-‐strength steel is seeing rapid growth in the auto industry. • Coal ash contains magnesium, titanium, vanadium, molybdenum, silicon,
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and phosphorus that can be used as microalloying agents to make high-‐ strength steels. Coal ash also contains thorium and uranium, elements that can fuel a Molten Salt Reactor (MSR) to produce electricity.
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• Production of advanced high strength steels requires a lot of electricity. • When thorium based MSRs are developed for commercial use and become commonplace, thorium will have value and make it profitable to extract valuable microalloying metals and from coal ash.
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• The most conservative estimate for the MSR is that it can produce electricity
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at $.04 per KW/hr., which would allow America to produce advanced high-‐ strength steels cheaper than China and India.
the extent allowed by law.
• Increased mileage CAFÉ standards on American automobiles require lighter cars made from more aluminum, high strength steels, and plastics. • Higher mileage cars make America less dependent on foreign oil. A robust domestic high-‐strength steel industry is vital to our national interests. The eGeneration Foundation is working to form an alliance to develop a national energy plan, promoting the next generation of fuels powered by Molten Salt Reactor technology. As studies and analysis of this promising technology are widely understood, there will be widespread industry support for commercializing this next generation process, thus providing a clear pathway to prosperity.
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