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March 09, 2026 08:00 ET | Source: Controlled Thermal Resources (US) Inc.

Controlled Thermal Resources and Plum Acquisition Corp. IV Announce Definitive Business Combination Agreement to Advance U.S. Critical Minerals and Energy

CTR to go public via merger with Plum Acquisition Corp. IV, valuing it at ~$4.7B to advance its Hell’s Kitchen geothermal and lithium project in California