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...
Slovakia’s Deep Heat Revolution: How the Košice Geothermal Project Could Redefine Urban Heating in Central Europe
Slovakia’s Deep Heat Revolution: Inside the Massive Geothermal Project That Could Redefine Heating in Central Europe By : Robert Buluma For decades, geothermal energy in Europe has largely been associated with Iceland’s volcanic landscapes, Italy’s historic steam fields, or Turkey’s rapidly expanding geothermal power plants. But now, a quieter revolution is unfolding beneath the surface of eastern Slovakia — one that could fundamentally transform how cities in Central Europe heat their homes. The completion of the third new geothermal well near Ďurkov, outside the city of Košice, marks far more than another drilling milestone. It represents the emergence of one of the most ambitious urban geothermal heating projects in Central Europe — a project capable of changing the energy future of an entire region. At first glance, the numbers are impressive enough. Six geothermal wells. Temperatures reaching 125 to 135 degrees Celsius. Flow rates of 55 to 60 liters per second. More than 3...