Wikipedia can be your friend guys
Mineral Spirits, also called Stoddard solvent [CAS 8052-41-3][1], is a petroleum distilate commonly used as a paint thinner and mild solvent. Outside of the United States and Canada, it is referred to as white spirit. In industry, mineral spirits is used for cleaning and degreasing machine tools and parts. According to Wesco, a supplier of solvents and cleaning equipment, mineral spirits "are especially effective in removing oils, greases, carbon, and other material from metal." Mineral spirits may also be used in conjunction with cutting oil as a thread cutting and reaming lubricant.
Artists use mineral spirits as an alternative to turpentine, one that is both less flammable and less toxic. Because of interactions with pigments, artists require a higher grade of mineral spirits than many industrial users, including the complete absence of residual sulphur. Odorless Mineral Spirits are mineral spirits that have been further refined to remove the more toxic aromatic compounds, and are recommended for applications such as oil painting, where humans have close contact with the solvent.
In screen printing (also referred to as silk-screening), mineral spirits are often used to clean and unclog screens after printing with oil-based textile and plastisol inks.
A typical composition for mineral spirits is the following: aliphatic solvent hexane having a maximum aromatic hydrocarbon content of 0.1% by volume, a kauri-butanol value of 29, an initial boiling point of 149 °F (65 °C), a dry point of approximately 156 °F (69 °C), and a specific mass of 0.7 g/cc. In the European Community, the composition of mineral spirits comes from Article 11(2) of Directive 2002/96/EC (WEEE).
Gota take the info with a grain of salt, someone could have edited it, but things like this, why would they.
As far as this goes, Ill stick with the brand thinner. If model masters says that its model masters enamel thinner. Im pretty sure itl thin their enamels, and not their laquers. unlike the spirits