Skip to main content

Posts

Showing posts with the label ACR

American Critical Resources and Plum Acquisition Corp. IV Sign LOI for SPAC Merger to Advance U.S. Geothermal Lithium Project

Revolutionizing Energy: The Synergy of Geothermal Power and Lithium Extraction at Hell's Kitchen Posted by  Robert Buluma  on December 20, 2025 In an era where the world is racing toward sustainable energy solutions, the intersection of geothermal power and lithium production is emerging as a game-changer. As electric vehicles (EVs), renewable energy storage, and advanced technologies demand ever-increasing supplies of critical minerals, innovative projects are stepping up to meet the challenge. One such groundbreaking initiative is the Hell's Kitchen project by American Critical Resources (ACR), a subsidiary of Controlled Thermal Resources Holdings Inc. (CTR) . This California-based endeavor not only harnesses the Earth's natural heat for clean electricity but also extracts lithium a vital component in batteries ,directly from geothermal brines. With a recent announcement of a proposed business combination with Plum Acquisition Corp. IV (Nasdaq: PLMK), a special purpose ac...