Controlled Thermal Resources Stock Symbol Overview and Investment

Controlled Thermal Resources is a leading player in the renewable energy sector, with a focus on geothermal energy.

Their stock symbol is CTROF, listed on the OTCQB Venture Market.

As a publicly traded company, CTROF offers investors a unique opportunity to tap into the growing demand for sustainable energy solutions.

Investors can purchase shares of CTROF through various online brokerages, making it accessible to a wide range of investors.

Stellantis has invested over $100 million in Controlled Thermal Resources Holdings Inc. (CTR) to advance the development of CTR's Hell's Kitchen project.

CTR's integrated production process employs modular engineering design for efficient scale-up, minimizing environmental impacts and carbon emissions.

CTR will supply up to 65,000 metric tons of battery-grade lithium hydroxide monohydrate (LHM) each year over a 10-year contract term.

CTR's Hell's Kitchen project in California's Imperial County will recover lithium from geothermal brines using renewable energy and steam to produce truly "green" battery-grade lithium products.

CTR is scheduled to commence battery-grade lithium hydroxide monohydrate supply for Stellantis in 2027.

The new agreement includes a supply increase from the initial plan of 25,000 metric tons to up to 65,000 metric tons per year of battery-grade lithium hydroxide monohydrate.

This investment supports Stellantis' U.S. product offensive and Dare Forward 2030 plan of having more than 25 all-new battery electric vehicle (BEV) launches and 50% BEV sales by 2030.

CTR's Hell's Kitchen project has a total resource capacity to produce up to 300,000 metric tons of lithium carbonate equivalent each year.

CTR expects to create 480 construction jobs through comprehensive project labor agreements and upward of 940 direct project jobs when the resource is fully developed.

CTR is a company that's making waves in the sustainable energy sector. They're working on a geothermal lithium project called Hell's Kitchen, which has the potential to produce up to 300,000 metric tons of lithium carbonate equivalent each year.

CTR's Hell's Kitchen project is located in California's Imperial County and will recover lithium from geothermal brines using renewable energy and steam. This approach eliminates the need for evaporation brine ponds, open pit mines, and fossil-fueled lithium processing.

CTR has partnered with Stellantis, a leading automaker, to supply battery-grade lithium hydroxide monohydrate (LHM) for their electric vehicles. The initial supply agreement was for up to 25,000 metric tons of LHM per year, but it's been expanded to up to 65,000 metric tons per year over a 10-year contract term.

CTR's integrated production process employs modular engineering design for efficient scale-up, minimizing environmental impacts and carbon emissions. This approach is crucial for supporting the growth of the electric vehicle industry.

Here are some key facts about CTR's Hell's Kitchen project:

CTR is expected to create thousands of jobs, including 480 construction jobs and upward of 940 direct project jobs, through comprehensive project labor agreements.