It had uranium-233 from breeding from thorium in other reactors.
The main problem with these things is they seem very unprofitable. The US reactor ran from 1964 to 1969 and produced a small amount of power but is still running about $10m a year in decommissioning costs. You thing you can run these things a while and think it's over but:
>Sampling in 1994 revealed concentrations of uranium that created a potential for a nuclear criticality accident, as well as a potentially dangerous build-up of fluorine gas: the environment above the solidified salt was approximately one atmosphere of fluorine. The ensuing decontamination and decommissioning project was called "the most technically challenging"...
The French interest in breeder reactors and nuclear reprocessing also originates from a similar concern about lack of domestic access to raw uranium. Though Super-phoenix [0] was a more traditional uranium -> plutonium approach and not thorium. They gave up because just using uranium is way, way cheaper than synthesizing your own fissile materials.
[0] https://www.world-nuclear-news.org/articles/indias-prototype...
If you have easy access to uranium, you just use it directly instead.
The fuel costs of a NPP are a tiny rounding error. If you want electricity and want to build it today, Uranium not Thorium. You are using arguments from 50 years ago when many incorrect assumptions about cost structure and fuel availability were used to make decisions.
The pros you mention are theoretical - because the cons came out in force when actually tried, and they’ve been tried many times by many different countries.
But regulation, while it has its purposes, stifles many things. At the same time time it’s not even doing what they were meant for.
There are a number of countries being run far better than the US or the EU
It will be funny if China is what convinces the US to be more open to free industry. Opposite day vs the 1970s
If it's just your company or some trifling consortium trying to develop nuclear energy advances in a "free industry" environment, the guy who is just slapping up windmills, [T Boone Pickens RIP], is just gonna mop the floor with you. There's just no way to compete on moonshots like that.
TerraPower is not secret.