MSFT - Pioneering Fusion Power Plant Collaboration - Nucor Partners With Helion Energy: Report | Benzinga
Nucor Corporation (NYSE: NUE), a leading steelmaker, has reportedly unveiled plans to collaborate with fusion startup Helion Energy on establishing a 500-megawatt fusion power plant at one of its U.S. steel mills by 2030.
This venture could generate enough electricity to supply hundreds of thousands of residences, comparable to a standard power station.
Nucor is investing $35 million in Helion, which is backed by OpenAI Chief Executive Sam Altman, the WSJ reported.
The report noted that the deal is ...