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    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001379756</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001084554</issuerCik>
            <issuerName>LIGHTBRIDGE CORPORATION</issuerName>
            <secFileNumber>001-34487</secFileNumber>
            <issuerAddress>
                <ns2:street1>11710 Plaza America Drive, Suite 2000</ns2:street1>
                <ns2:city>Reston</ns2:city>
                <ns2:stateOrCountry>VA</ns2:stateOrCountry>
                <ns2:zipCode>20190</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>571-730-1200</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>DANIEL B MAGRAW</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>323</noOfUnitsSold>
            <aggregateMarketValue>3210.62</aggregateMarketValue>
            <noOfUnitsOutstanding>20357551</noOfUnitsOutstanding>
            <approxSaleDate>03/20/2025</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>02/08/2010</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>120</amountOfSecuritiesAcquired>
            <paymentDate>02/08/2010</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>08/04/2010</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>91</amountOfSecuritiesAcquired>
            <paymentDate>08/04/2010</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>11/23/2009</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>112</amountOfSecuritiesAcquired>
            <paymentDate>11/23/2009</paymentDate>
            <natureOfPayment>Services Rendered</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>03/20/2025</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Daniel Barston Magraw</signature>
        </noticeSignature>
    </formData>
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144
0001379756
XXXXXXXX
LIVE
0001084554
LIGHTBRIDGE CORPORATION
001-34487
11710 Plaza America Drive, Suite 2000
Reston
VA
20190
571-730-1200
DANIEL B MAGRAW
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
323
3210.62
20357551
03/20/2025
NASDAQ
Common
02/08/2010
Restricted stock vesting under a registered plan
Issuer
N
120
02/08/2010
Services Rendered
Common
08/04/2010
Restricted stock vesting under a registered plan
Issuer
N
91
08/04/2010
Services Rendered
Common
11/23/2009
Restricted stock vesting under a registered plan
Issuer
N
112
11/23/2009
Services Rendered
Y
03/20/2025
/s/ Daniel Barston Magraw