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Plum IV and CTR’s Geothermal Critical Minerals Deal Takes Shape

Plum Acquisition Corp. IV and  Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages.   At the center of the presentation is a clear message: this is not just a power project, and it is not j...

"Containment Building Completed: A Revolutionary Achievement at the Zhangzhou Nuclear Power Plant Unveiled


The completed outer dome at Zhangzhou unit 1 (Image: CNNC)

The outer dome of the containment building of unit 1 of the Zhangzhou nuclear power plant in China's Fujian province has been completed, marking a significant milestone in the construction of this revolutionary power source. The Zhangzhou 1 unit is the first of two Hualong One units being built at the site, and its completion has sparked curiosity and anticipation among industry experts and energy enthusiasts alike.


But what exactly is the Hualong One, and what makes it so special? This advanced nuclear reactor design, developed by China National Nuclear Corporation (CNNC), is the product of decades of research and development, and is considered to be the most advanced and safest nuclear technology in the world. It boasts a host of cutting-edge features that set it apart from traditional nuclear reactors, including enhanced safety systems, improved fuel efficiency, and a compact design that allows for easy construction and maintenance.


The completion of the outer dome of the containment building is just the beginning of the journey for Zhangzhou 1, as it now moves closer to its scheduled commercial operation in 2024. It is expected to be followed by the completion of unit 2 in 2025, which will bring China one step closer to meeting its ambitious energy goals and reducing its reliance on fossil fuels.


The completion of the outer dome of the containment building is a testament to the hard work and dedication of the CNNC team, and it has raised many questions about the future of nuclear energy in China and around the world. As we eagerly await the completion of the remaining construction and the start of commercial operation, one thing is for certain: the Zhangzhou nuclear power plant is a project to watch, as it has the potential to change the energy landscape forever.

source:(world nuclear news)

#Nuclear #CNCC #China #Costruction #Newbuild


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