Cradle Resources Limited (AU:EE1) has released an update.
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Earths Energy Limited has commissioned a Techno-Economic Feasibility Study for their Paralana and Flinders West geothermal projects in South Australia, which will include an analysis of geothermal extraction technologies and carbon capture capabilities. The study, led by energy consultancy GLJ Ltd, aims to assess the potential for clean energy production and contribute to Australia’s energy transition. Over $40 million has been previously invested in these projects, which are considered some of Australia’s most advanced in geothermal development.
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