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...
The Hidden Treasure Beneath Our Feet: How Geothermal Energy is Powering Tomorrow's Heat Supply in North Rhine-Westphalia By: Robert Buluma Imagine standing in the heart of an industrial city like Duisburg, where once coal-fired power plants dominated the skyline, and now a quiet revolution is brewing deep underground. On January 8, 2026, North Rhine-Westphalia's Minister for Economic Affairs, Industry, Climate Protection and Energy, Mona Neubaur,handed over a funding notice worth approximately 7.5 million euros to the Stadtwerke Duisburg. This isn't just paperwork ,it's the key to unlocking a sustainable future for heat supply in one of Germany's most populous regions. This milestone marks a bold step in NRW's ambitious push toward a climate-neutral heat supply by 2045. At the center of this transformation stands geothermal energy,the reliable, weather-independent heat stored beneath our feet. Duisburg's exploration drilling project exemplifies how the stat...