Thorium is a naturally-occurring, slightly radioactive metal discovered in 1828 by the Swedish chemist Jons Jakob Berzelius, who named it after Thor, the Norse god of thunder. It is found in small amounts in most rocks and soils, where it is about three times more abundant than uranium. Soil commonly contains an average of around 6 parts per million (ppm) of thorium.

Thorium exists in nature in a single isotopic form - Th-232 - which decays very slowly (its half-life is about three times the age of the Earth). The decay chains of natural thorium and uranium give rise to minute traces of Th-228, Th-230 and Th-234, but the presence of these in mass terms is negligible.

When pure, thorium is a silvery white metal that retains its lustre for several months. However, when it is contaminated with the oxide, thorium slowly tarnishes in air, becoming grey and eventually black. Thorium oxide (ThO2), also called thoria, has one of the highest melting points of all oxides (3300°C). When heated in air, thorium metal turnings ignite and burn brilliantly with a white light. Because of these properties, thorium has found applications in light bulb elements, lantern mantles, arc-light lamps, welding electrodes and heat-resistant ceramics. Glass containing thorium oxide has a high refractive index and dispersion and is used in high quality lenses for cameras and scientific instruments.

The most common source of thorium is the rare earth phosphate mineral, monazite, which contains up to about 12% thorium phosphate, but 6-7% on average. Monazite is found in igneous and other rocks but the richest concentrations are in placer deposits, concentrated by wave and current action with other heavy minerals. World monazite resources are estimated to be about 12 million tonnes, two-thirds of which are in heavy mineral sands deposits on the south and east coasts of India. There are substantial deposits in several other countries. Thorium recovery from monazite usually involves leaching with sodium hydroxide at 140°C followed by a complex process to precipitate pure ThO2.

Thorite (ThSiO4) is another common mineral. A large vein deposit of thorium and rare earth metals is in Idaho.

The 2007 IAEA-NEA publication Uranium 2007: Resources, Production and Demand (often referred to as the 'Red Book') gives a figure of 4.4 million tonnes of total known and estimated resources, but this excludes data from much of the world. Data for reasonably assured and inferred resources recoverable at a cost of $80/kg Th or less are given in the table below. Some of the figures are based on assumptions and surrogate data for mineral sands, not direct geological data in the same way as most mineral resources.

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