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Stellantis earmarks US$100M to develop geothermal lithium project

NYSE-listed automaker Stellantis will invest the funds with Controlled Thermal Resources (CTR) for the Hell’s Kitchen project in California.

 Stellantis will use the lithium in its BEVs. Photo: Thomas-Soellner

Stellantis will use the lithium in its BEVs. Photo: Thomas-Soellner

The duo plan to develop the geothermal lithium project with the goal of strengthening California's lithium supply chain and supporting electric vehicle production. According to CTR, the Hell's Kitchen...

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