Controlled Thermal Resources provides updates on Hell’s Kitchen geothermal project

Controlled Thermal Resources (CTR) has provided some important updates on the status and new business strategies for their Hell’s Kitchen geothermal and lithium production project in Imperial County, California. This comes just after recent news of the Hell’s Kitchen project being officially designated as a FAST-41 Covered Project, thus recognizing its importance in strengthening US critical minerals and energy independence.

CTR is advancing a Final Investment Decision for its Stage 1 development, with a target power generation capacity of 50 MW and production of 25,000 metric tons of lithium hydroxide. The plan is to expand the facility in stages, with targets of up to 500 MW capacity and 175,000 metric tons annually of lithium products.

Moreover, CTR has restructured into five strategic resource divisions, allowing for more investment optionality and a wider aperture to attract specialized development partnerships. The five divisions are as follows:

• CTR Power
• CTR Lithium
• CTR Critical Minerals – With the aim of unlocking development for additional critical minerals like boron, strontium, rubidium, sodium, and cesium
• CTR Agri Minerals – Abundant potash (KCl) has been identified in the geothermal brine; thus CTR has initiated collaboration with specialty fertilizer producers
• CTR Battery Materials – CTR is in discussions with battery manufacturers to potentially establish a vertically integrated battery assembly facility at the Hell’s Kitchen site

The company continues with efforts to engage with local communities, participating in various events and stakeholder workshops to build a stronger, more informed, and more engaged community. CTR has also signed a comprehensive Project Labor Agreement for Union construction and major maintenance jobs for all their projects.

Source: Email correspondence