It is a fast breeder reactor, and can use both uranium and thorium to breed fissile material, as well as recycle processed high-level waste and plutonium.
U-238 of a spent nuclear fuel element of a light water reactor can be dissolved in Chlorine-salt, including long-living transuranic isotopes.
Breeding and fission could power a 300MW electrical Dual Fluid Reactor for about 25 years.
A conceptual predecessor of the Dual Fluid Reactor was the UK 1970s lead-cooled fast spectrum molten salt reactor (MSFR), which dissolved the fissile fuel in a molten salt, with experimental work undertaken over 1968-73, before it lost funding.
In February 2021, the six inventors, along with the existing team, formed Canadian company Dual Fluid Energy Inc. to commercialize the design.