Controlled Thermal Resources (2024)

Overview

Controlled Thermal Resources Ltd. (CTR) is a public unlisted lithium resource and renewable energy company, developing the Hell’s Kitchen lithium and power project in Imperial Valley, California. CTR has invested eight years into the development of an integrated lithium extraction and conversion facility with a geothermal power facility on its leasehold within the Salton Sea Geothermal Field (SSGF). CTR is focused on delivering sustainably produced, battery-grade lithium products and renewable baseload power to support California’s clean energy mandates and to ensure a secure and reliable lithium supply chain in the United States. The company has headquarters in both California and Brisbane, Australia.

Globally, attitudes toward energy-related resource extraction are evolving to better reflect climate change concerns and the demand for cleaner, “greener” products. Investors are increasingly looking at jurisdictions and resource projects that are aligned with environmental and socially responsible development.

Utilizing direct lithium extraction technology, Controlled Thermal Resources is developing a staged production path for battery-grade lithium carbonate and lithium hydroxide compounds, and other US designated critical minerals.

The integration of lithium extraction with renewable energy production provides further advantages to project economics and operating performance compared to stand-alone lithium facilities. In contrast to evaporation pond and open pit mining, direct lithium extraction is a closed-loop system that utilizes 100 percent renewable energy and steam for processing; takes hours, not months to produce high purity battery-grade lithium products; has a very small physical footprint and a near-zero carbon footprint; is not weather dependent; does not require off-shore processing, and operates 24 hours a day, 7 days a week.

Controlled Thermal Resources anticipates commencement of commercial production at Hell’s Kitchen in 2023. The production of geothermal power at Hell’s Kitchen provides CTR the ability to participate in California’s growing renewable energy market. In January 2020, CTR announced it had entered into a 25 year power purchase agreement (PPA) with Imperial Irrigation District (IID), the largest irrigation district in North America and the sixth-largest electrical utility in California.

With the assistance of its project engineering partner Hatch Ltd., Controlled Thermal Resources completed its Canadian National Instrument 43-101 (NI 43-101) Technical Report, and the accompanying Preliminary Economic Assessment (PEA). CTR has initiated a Prefeasibility Study (PFS) and commenced well pad construction in anticipation of drilling its first two geothermal wells.

CTR is seeking an equity investment of US$37 million to fund remaining project development activities up to the completion of financial close for construction of both commercial facilities.

The management team of Controlled Thermal Resources has significant project delivery experience in the mineral, chemical and renewable energy sectors, including more than a quarter-century of experience in the development and operations of large-scale geothermal energy projects in the Salton Sea region.

Controlled Thermal Resources’ Company Highlights

  • California location offers jurisdictional security in a stable US economy.
  • Staged production path, commencing with 20,000 tonnes lithium hydroxide per annum and 49.9MW of renewable power in 2023.
  • Designed to scale according to market demands with a total resource capacity to produce ~300,000 tonnes per annum of lithium carbonate equivalent (LCE) products and ~1,100MW renewable power.
  • Eco-friendly, closed-loop, direct lithium extraction operation powered by 100 percent renewable energy.
  • Significant Environmental, Social and Governance (ESG) advantages over today’s primary sources of lithium production including,
    • small environmental footprint
    • onsite renewable energy
    • no off-shore processing
    • alignment with downstream customer sustainability mandates
  • Support by federal, state, and local government agencies.
  • CEO Rod Colwell appointed to the Lithium Valley Commission – A California Blue-Ribbon Commission established to investigate lithium recovery from Salton Sea geothermal brines.
  • Power Purchase Agreement secured with IID.
  • Advanced discussions with prospective lithium offtake parties.
  • Located near established infrastructure such as rail, interstate highways, and industrial water.
  • Proven management team with decades of experience in mineral, chemical and renewable energy industries, including geothermal development and operations in the Salton Sea region.

Get access to more exclusive Lithium Stock profiles here.

Controlled Thermal Resources (2024)

FAQs

Where is Controlled Thermal Resources Hell's Kitchen? ›

CTR's Hell's Kitchen Lithium and Power Project is located on the south-east shore of the Salton Sea, in the Salton Sea Geothermal Field, located in Imperial County, California.

How do I contact controlled thermal resources? ›

Controlled Thermal Resources contact info: Phone number: (612) 631-1356 Website: www.cthermal.com What does Controlled Thermal Resources do?

What is controlled thermal resources or CTR? ›

Controlled Thermal Resources is integrating geothermal power and lithium extraction technologies to produce the world's most sustainable source of battery grade lithium to support electrification of transportation and generate low-cost, renewable energy.

What is control thermal energy? ›

About CTR. Controlled Thermal Resources provides lithium products and renewable energy with projects in advanced development in the United States. The company was established in 2013 and has headquarters in Imperial Valley, California, USA and Brisbane, Australia.

Who owns controlled thermal resources? ›

In this interview with Rod Colwell, CEO of Controlled Thermal Resources we talk about the status of his company's project that plans to derive Lithium from geothermal brine and produce geothermal power at the Salton Sea in California.

Does Hell's Kitchen still exist? ›

Today, in addition to the long-established Irish-American and Hispanic-American populations in the neighborhood, the area has a large LGBTQ population and is home to a large number of LGBTQ bars and businesses. Hell's Kitchen is part of Manhattan Community District 4.

How do I invest in CTR? ›

Shares of CTR stock can be purchased through any online brokerage account.

Who is mining lithium in Salton Sea? ›

Three companies — Berkshire Hathaway Renewables, Controlled Thermal Resources and EnergySource — are racing for the chance to mine the increasingly valuable material from the sea's brine. The demand for lithium is being driven in part by the Inflation Reduction Act, which aims to create a domestic battery supply chain.

Is controlled thermal a public company? ›

Controlled Thermal Resources Ltd. (CTR) is a public unlisted lithium resource and renewable energy company, developing the Hell's Kitchen lithium and power project in Imperial Valley, California.

What are the types of thermal energy resources? ›

Thermal energy sources are fossil fuels like natural gas, coal and oil, as well as solar heat, heat pump electric heat, and geothermal heat.

What are three sources of energy? ›

There are three main categories of energy sources: fossil fuel, alternative, and renewable. Renewable is sometimes, but not always, included under alternative. Fossil fuels formed over millions of years ago as dead plants and animals were subjected to extreme heat and pressure in the earth's crust.

What are two types of thermal storage? ›

There are two main types of thermal energy storage. The first type of thermal energy storage is sensible heat storage. In this type, heat energy is stored in either liquid material or solid material. The second type of thermal energy storage is latent heat storage.

What are the methods to control thermal? ›

Thermal pollution could be controlled by employing of few efficient scientific techniques such as construction of artificial lakes, cooling ponds, and cooling towers. Artificial lake: These are human-made water bodies, which gives a potential alternative for cooling of power plants.

Why is thermal control important? ›

Why is Thermal Control important? Thermal control is absolutely essential for both the physical integrity of the satellite and for its efficient operation because electronic equipment have their optimum performance within a certain temperature range. The satellite's payload will dictate its operating range.

What causes thermal energy? ›

Moving particles

All matter is made of tiny particles called atoms, molecules and ions. These tiny particles are always in motion – either bumping into each other or vibrating back and forth. It is the motion of particles that creates a form of energy called heat (or thermal) energy that is present in all matter.

Where is lithium Valley in California? ›

Imperial County officials and industry professional envision a “l*thium Valley” in Imperial County that would establish California as a global production hub that could employ thousands of workers and propel the economic future of Imperial County residents for generations to come.

Who is the CEO of Controlled Thermal Resources? ›

Rod Colwell - Chief Executive Officer - Controlled Thermal Resources US Inc.

Who owns Coso Geothermal? ›

The project was developed by CalEnergy Generation Operating and is currently owned by Atlantica Sustainable Infrastructure.

What happens in Hell's Kitchen when the chefs get kicked out? ›

Each contestant eliminated from "Hell's Kitchen" is immediately taken for a psychiatric evaluation to make sure contestants don't want to kill themselves - or someone else. The diners have to sign that they are not guaranteed a meal but are guaranteed all the free beer and wine and bread they want.

What is the dress code for Hell's Kitchen Vegas? ›

Dress Code at Las Vegas Hells Kitchen

The dress code at Gordon Ramsay Hell's Kitchen is business casual. This is a contemporary bar and restaurant, so you want to look nice. Skip the jeans and athletic wear, and definitely don't wear your flip-flops.

Does Hell's Kitchen use actors? ›

A:Andy says: They're actual chefs, or at least people who have some kind of cooking experience that the producers used to cast them on the show. It's clear that many of them are cast because they're personalities, not because they can or should win their own restaurant.

How do I speed up CTR? ›

Hold accelerate a split second before the green light for a speed boost.

What is the ticker for redwood materials? ›

Redwood Trust Inc (RWT)

How do you increase crash CTR? ›

To get a Turbo Boost while Power Sliding, wait until the smoke from your exhaust turns black, then press the Power Slide button (R1 / RB / R in Standard control layout, X / A / B in Alternate control layout) while still Power Sliding. If you wait too long, you'll hear a backfire sound and miss your chance for a boost.

Where is the largest deposit of lithium in the US? ›

The Thacker Pass Lithium Mine is a proposed lithium clay mining development project in Humboldt County, Nevada which is the largest known lithium deposit in the US, and one of the largest in the world.

Is lithium mining worse than oil drilling? ›

Lithium mining does have an environmental impact, but it is no worse than oil drilling. This is especially true when you consider the carbon emissions produced from petroleum products during their usage, as compared to lithium-ion batteries that have little to no GHG emissions during their use.

Who owns the biggest lithium mine in the world? ›

Albemarle Corporation

Who bought thermal industries? ›

These innovations made the company a popular purchasing target, and in 1977, it was acquired by Palco Industries.

Who owns Thermal Tech? ›

Monika Frary - Owner - Thermal-Tech Systems Inc.

What are the 3 types of thermal energy? ›

There are three types of thermal energy transfer: conduction, radiation, and convection. Convection is a cyclical process that only occurs in fluids.

What is a simple example of thermal energy? ›

Thermal energy refers to the movement of molecules within an object or substance. Every object or substance has thermal energy — the sun is the largest thermal energy source in our solar system. Heat is the transfer of energy from one object or substance to another, a flow of thermal energy.

What are the 2 main types of energy sources? ›

Energy sources can be classified into two types: nonrenewable and renewable. Nonrenewable resources, such as fossil fuels and nuclear material, are removed from the earth and can be depleted.

What are laws of energy? ›

Energy is neither created nor destroyed

When people use energy, it doesn't disappear. Energy changes from one form of energy into another form of energy. A car engine burns gasoline, converting the chemical energy in gasoline into mechanical energy.

What are primary energy resources? ›

Primary energy sources take many forms, including nuclear energy, fossil energy -- like oil, coal and natural gas -- and renewable sources like wind, solar, geothermal and hydropower.

What are the 3 basic methods of thermal energy storage? ›

Thermal energy storage (TES) systems can store heat or cold to be used later, under varying conditions such as temperature, place or power. TES systems are divided in three types: sensible heat, latent heat, and thermochemical.

What is the best material for thermal storage? ›

Water remains the most widely used material in sensible heat storage systems with best compromise between cost, heat storage capacity, density and environmental impact [13].

What are 2 examples of thermal expansion? ›

  • Thermal expansion of railway tracks in summer.
  • Thermal expansion of metallic joints in a bridge.
  • The rise in the level of mercury in a thermometer.
  • The gaps left between the walls in buildings.
  • The design of the wings of a jet plane.

How does a thermal control system work? ›

Thermal control uses heat pipes, thermal switches, heaters, and louvers to move heat from the basic heat sources in a spacecraft—instruments, heaters, and solar absorption—to radiators and away from instruments. Radiation is the only available heat loss mechanism.

What are the five main factors that control temperature? ›

The factors controlling the temperature distribution on the Earth's surface are discussed below:
  • The latitude of the Place.
  • The altitude of the Place.
  • Distance From The Sea.
  • The presence of warm and cold ocean Currents.
  • Local Aspects.
6 days ago

What are the 5 controls of temperature? ›

The controls of temperature are:
  • Latitude (angle of Sun) - Chapter 2.
  • Differential heating of land and water (they heat up/cool down differently)
  • Ocean Currents.
  • Altitude.
  • Geographic position.
  • Cloud cover & albedo.

What three factors are important in thermal control and comfort? ›

The six basic factors of thermal comfort
  • Humidity. If a work environment has high humidity it means there is a lot of water in the air. ...
  • Air temperature. ...
  • Radiant temperature. ...
  • Air velocity. ...
  • Clothing insulation. ...
  • Metabolic heat.

What is the most important control factor of temperature? ›

Several controlling factors determine global temperatures. The first and most significant is latitude. Because of the Earth's shape and the sun's angle hitting the planet, temperatures are highest near the equator and decrease toward the poles.

What are the components of thermal control? ›

Thermal control systems usually consist of four components: a heat source, a heat spreader, a temperature sensor, and a controller. Sometimes we combine components; the heater can also be used as the temperature sensor, and the sensor can be considered part of the controller.

What affects thermal energy? ›

Temperature and mass affect an object's thermal energy, as does its material. An object's ability to transfer heat depends on its composition. For example, water requires a more significant amount of heat to warm up than fat. This is known as heat capacity.

What affects thermal energy the most? ›

Answer and Explanation: Thermal energy greatly depends on the mass of the object, the specific heat of the object, and the change in temperature of the object.

What effects thermal energy? ›

When the temperature of an object increases, the average kinetic energy of its particles increases. When the average kinetic energy of its particles increases, the object's thermal energy increases. Therefore, the thermal energy of an object increases as its temperature increases.

Where is Hell's kitchen Lithium? ›

CTR's Hell's Kitchen Lithium and Power project is situated in the Salton Sea Geothermal Field in Imperial Valley, California.

Who used a meat thermometer on Hell's kitchen? ›

Give me your jacket.” Matthew removed his white jacket and handed it to Gordon, who in turn gave him back his meat thermometer and ordered, “The next time you decide to cook protein, use this s*** properly.”

Where is Hells kitchen located in MCU? ›

Hell's Kitchen is a real-world location in the Marvel Cinematic Universe. It is a notably rough and declining neighborhood on the West Side of Midtown Manhattan, where Matt Murdock lives and infamously fights crime as Daredevil, as well as the place where Jessica Jones lives and runs her private investigations.

Where is the Hell's kitchen studio located? ›

The dining room area was the location of the former KCOP news studios, and living quarters for the contestants were built behind the restaurant. Before season three, the Hell's Kitchen facility was moved to Century Studios at 3322 La Cienega Place in Los Angeles.

Can you visit Hell's Kitchen? ›

However, not only is the infamous Hell's Kitchen restaurant a real place, it's actually just part of Gordon Ramsay's growing cooking empire. If you want to taste what the celebrity chef has to offer, you don't have to subject yourself to angry yelling.

How many Hell's Kitchen restaurants are still open? ›

Gordon Ramsay Hell's Kitchen is a multi-national fine dining restaurant chain, owned by British chef Gordon Ramsay, and based on the reality TV show Hell's Kitchen. As of early 2023 the chain consists of five USA locations and one in Dubai.

What is Ariel doing now Hell's Kitchen? ›

Ariel Contreras: Hell's Kitchen season 18 winner

Ariel Contreras is currently Vice President at Del Frisco's Double Eagle, Del Frisco's Grille, and Dos Caminos.

What was the scandal on Hell's kitchen? ›

A celebrity-backed gay nightclub in Hell's Kitchen engaged in racist and sexist entrance policies, catered to underage drinkers and looked the other way when it came to illegal drugs including “date rape” drug GHB, according to a new lawsuit.

Why are meat thermometers not allowed on Hells kitchen? ›

Who's your favorite young gun chef on Hell's Kitchen? Let us know down below! Okay, let's get into this whole thermometer scandal…. first of all, according to the rules, chefs aren't allowed to bring in any sort of outside kitchen tools; anything that isn't already in the kitchen basically just isn't allowed in.

Who is Gordon Ramsay's sous-chef? ›

As Gordon Ramsay's Sous Chef, Mary-Ann acts as his right-hand woman in service. She holds the same standards as Ramsay and will often get irritated by contestants' constant mistakes. While she is not as temperamental as Ramsay or Scott, she will call out chefs if they screw up or have a bad attitude.

How did New York get destroyed in Daredevil? ›

The New York City Earthquake was an event disguised as a 4.6 magnitude earthquake that caused Matt Murdock, Jessica Jones, Luke Cage, and Danny Rand to come into conflict with the Hand.

Why do they call it Hell's Kitchen? ›

The block of West 39th Street between 10th and 11th Avenues saw so much fighting it was nicknamed Battle Row. In 1881 an article in The New York Times referred to a particularly scurrilous tenement on the block as Hell's Kitchen, its first known use in print.

Is Hell's Kitchen a Spiderman? ›

Hell's Kitchen is a district in New York City and a district in Marvel's Spider-Man. It is located in the left-center of the map, next to Midtown. Hell's Kitchen is known primarily as the site of Fisk Tower, the seat of Wilson Fisk's criminal empire, and for being under the protection of Daredevil.

Who is the head chef at Hell's Kitchen Las Vegas? ›

Ariel Contreras-Fox lands the new head chef job at Gordon Ramsay Hell's Kitchen, the TV personality and chef's fifth Las Vegas restaurant.

How much does beef Wellington cost at Hell's Kitchen? ›

How much does a Beef Wellington cost at Hell's Kitchen in Southern California? The price of a Beef Wellington at Hell's Kitchen is $70-$75.

Is there a dress code at Hells Kitchen? ›

The dress code at Gordon Ramsay Hell's Kitchen is business casual. This is a contemporary bar and restaurant, so you want to look nice. Skip the jeans and athletic wear, and definitely don't wear your flip-flops. When dressing for dinner, it's also wise to consider what you'll be doing after your meal.

Top Articles
Rep. Dan Crenshaw Introduces Anti-Border Corruption Improvement Act for CBP Agent Hiring
7 Technical Indicators to Build a Trading Toolkit
Kmart near me - Perth, WA
Printable Whoville Houses Clipart
Readyset Ochsner.org
Get train & bus departures - Android
Wal-Mart 140 Supercenter Products
Flat Twist Near Me
Tlc Africa Deaths 2021
Mikayla Campinos Videos: A Deep Dive Into The Rising Star
Morocco Forum Tripadvisor
Pricelinerewardsvisa Com Activate
Hellraiser III [1996] [R] - 5.8.6 | Parents' Guide & Review | Kids-In-Mind.com
Sonic Fan Games Hq
R Personalfinance
The Ultimate Guide to Extras Casting: Everything You Need to Know - MyCastingFile
Brbl Barber Shop
Arrest Gif
O'reilly's In Mathis Texas
Wku Lpn To Rn
Pronóstico del tiempo de 10 días para San Josecito, Provincia de San José, Costa Rica - The Weather Channel | weather.com
Santa Barbara Craigs List
Generator Supercenter Heartland
Best Restaurants Ventnor
FREE Houses! All You Have to Do Is Move Them. - CIRCA Old Houses
Wisconsin Volleyball Team Leaked Uncovered
Royal Caribbean Luggage Tags Pending
Frostbite Blaster
Tamilyogi Ponniyin Selvan
Barrage Enhancement Lost Ark
Craigslist Greencastle
Personalised Handmade 50th, 60th, 70th, 80th Birthday Card, Sister, Mum, Friend | eBay
Ishow Speed Dick Leak
Stanford Medicine scientists pinpoint COVID-19 virus’s entry and exit ports inside our noses
The Holdovers Showtimes Near Regal Huebner Oaks
Sept Month Weather
This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house
Ferguson Showroom West Chester Pa
Atom Tickets – Buy Movie Tickets, Invite Friends, Skip Lines
Craigslist Odessa Midland Texas
Citibank Branch Locations In North Carolina
Po Box 101584 Nashville Tn
Kenwood M-918DAB-H Heim-Audio-Mikrosystem DAB, DAB+, FM 10 W Bluetooth von expert Technomarkt
Ajpw Sugar Glider Worth
Minute Clinic Mooresville Nc
Rétrospective 2023 : une année culturelle de renaissances et de mutations
Strawberry Lake Nd Cabins For Sale
Craigslist Cars And Trucks For Sale By Owner Indianapolis
Joe Bartosik Ms
Optimal Perks Rs3
Denys Davydov - Wikitia
Haunted Mansion Showtimes Near The Grand 14 - Ambassador
Latest Posts
Article information

Author: Foster Heidenreich CPA

Last Updated:

Views: 5442

Rating: 4.6 / 5 (76 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Foster Heidenreich CPA

Birthday: 1995-01-14

Address: 55021 Usha Garden, North Larisa, DE 19209

Phone: +6812240846623

Job: Corporate Healthcare Strategist

Hobby: Singing, Listening to music, Rafting, LARPing, Gardening, Quilting, Rappelling

Introduction: My name is Foster Heidenreich CPA, I am a delightful, quaint, glorious, quaint, faithful, enchanting, fine person who loves writing and wants to share my knowledge and understanding with you.