Why a Liquid Fluoride Thorium Reactor is Better
First, thorium is extremely abundant in the crust of earth, unlike uranium. While uranium needs to be enriched before use, thorium is useful in its natural state, which makes thorium fuel cheaper to produce. Because the fission reactions in a LFTR are all based on liquid uranium, they are more efficient than equivalent reactions in a solid uranium reactor due to increased surface area for particle interaction. This means that LFTRs can produce much more energy per ton of fuel than current nuclear reactors [3].
Another big advantage of LFTRs over traditional uranium-based boiling water reactors is that LFTRs do not utilize water at any step, so they do not need to be built near a body of water. Because LFTRs do not utilize high pressure to maintain a stable reactor core, they do not need excessively thick walls around the core, so they can be smaller than current nuclear reactors [4].