Controlled Thermal Resources US Revenue and Competitors

Controlled Thermal Resources is in the advanced stages of developing a battery-grade direct lithium extraction and conversion facility - Hell’s Kitchen Lithium Co. and a renewable energy power plant - Hell’s Kitchen Power Co. located in Imperial Valley, California.These world-scale facilities will set new environmental standards for the delivery of battery-grade lithium products and base-load, renewable power in a secure U.S. location.Utilizing proven and established extraction technology, the Hell's Kitchen Lithium Co. is expected to deliver 17,350 tonnes of battery-grade lithium carbonate equivalent products (“LCE”) in 2023. An additional 17,350 tonnes per annum is scheduled in 2025 with a further 70,000 tonnes per annum to be delivered in future stages. Hell's Kitchen Power Co. will deliver 49.9 megawatts of renewable electricity in Stage 1 via a geothermal power plant which will service CTR's lithium facilities and provide clean power to the grid as California transitions to 100% renewable energy by 2045.CTR has commissioned industry experts in lithium extraction, environmental and social compliance, and engineering. The NI 43-101 Preliminary Economic Assessment Report (“PEA”) was completed Q4, 2019. Connect with us at info@cthermal or visit our website www.cthermal.com for more information