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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...

Geothermal Lithium Breakthrough: CTR Powers Ahead at Hell’s Kitchen

Controlled Thermal Resources  (CTR) Charges Ahead with Major Lithium and Power Milestones at the Hell's Kitchen Project By:  Robert Buluma In the heart of California’s Salton Sea, momentum continues to build around what could become one of the most significant clean energy and battery-grade lithium projects in the world.  Controlled Thermal Resources (CTR) has just unveiled a major project update, underscoring the rapid development of its integrated lithium and renewable power facility — the Hell’s Kitchen Lithium and Power Project. A Project of Global Importance The Hell's Kitchen Project is no ordinary development. It represents a world-first in co-producing battery-grade lithium and baseload renewable power from the same geothermal brine source — a truly circular, zero-waste solution. As global demand for electric vehicles, battery storage, and clean energy skyrockets, CTR’s project stands as a beacon of innovation and sustainability. Progress on All Fronts CTR’s late...