“By leveraging the distinctive capability of LFRs to provide a combination of electricity and high-temperature heat, the companies will focus on developing potential integrated solutions where newcleo’s innovative LFRs provide both the electricity and high-temperature heat required to feed some of the Danieli technologies processes for green steel production,” the companies said in a Tuesday announcement. 

By working together, they said, they could potentially provide steelmakers with affordable, abundant and carbon-free electricity and high-temperature heat across the iron and steel value chain. 

“newcleo is an innovative player in the nuclear energy industry, looking to manufacture advanced modular reactors and closing the fuel cycle like Danieli is doing in the iron and steel to have plant and process with zero impact. A solution to obtain low-cost fossil-free energy is one of the key factors to move a step ahead in the decarbonization of the steel industry,” said Alessandro Brussi, Danieli’s board chairman.