Thorium was discovered by Jöns Jacob Berzelius, a Swedish chemist, in 1828. He discovered it in a sample of a mineral that was given to him by the Reverend Has Morten Thrane Esmark, who suspected that it contained an unknown substance. Esmark's mineral is now known as thorite (ThSiO₄). Thorium makes up about 0.0007% of the earth's crust and is primarily obtained from thorite, thorianite (ThO₂) and monazite ((Ce, La, Th, Nd, Y)PO₄).

Thorium is used as an alloying agent to improve magnesium's strength at high temperatures. Thorium is also used to coat tungsten filaments used in electronic devices, such at television sets. When bombarded with neutrons, thorium-232 becomes thorium-233, which eventually decays into uranium-233 through a series of beta decays. Uranium-233 is a fissionable material and can be used as a nuclear fuel.

Thorium oxide (ThO₂), one of thorium's compounds, has many uses. It is primarily used in a type of lantern mantel known as a Welsbach mantle. This mantle, which also contains about 1% cerium oxide, glows with a bright white light when it is heated in a gas flame. Thorium oxide has a very high melting point, about 3300°C, and is used to make high temperature crucibles. Thorium oxide is also used to make glass with a high index of refraction that is used to make high quality camera lenses. Thorium oxide is used as a catalyst in the production of sulfuric acid (H₂SO₄), in the cracking of petroleum products and in the conversion of ammonia (NH₃) to nitric acid (HNO₃).

Thorium's most stable isotope, thorium-232, has a half-life of about 14,050,000,000 years. It decays into radium-228 through alpha decay or decays through spontaneous fission.