Th-52 wt.% U alloy has a microstructure featuring interspersed networks of uranium rich and thorium rich phases. Room temperature hardness of the alloy is more than twice that of unalloyed thorium. The alloy age hardens (550 °C) only slightly (peak hardness/hardness of solution heated and quenched = 1.05). Room temperature thermal conductivity (25.6 W m−1 °C−1) is close to that of uranium and most of the binary and ternary metallic alloy fuel materials. Average linear coefficient of thermal expansion (CTE) of Th-52 wt.% U alloy [11.2 × 10−06 °C−1 (27–290 °C) and 16.75 × 10−06 °C−1 (27–600 °C)] are comparable with that of many metallic alloy fuel candidates. Th-52 wt.% U alloy with non-age hardenable microstructure, appreciable thermal conductivity, moderate thermal expansion may find metallic fuel applications in nuclear reactors.