“Importantly, economic models of these sites indicate potenitally good commercial returns,” Petratherm Managing Director Terry Kallis said.

The company is continuing talks with potential local joint venture partners, local governments, and the national government over sites identified in Jiangsu and Fujian Provinces.

Petratherm’s Exploration Manager for China Wenlong Zang, presented at the inaugural South Australian Resources Chinese Investment Congress.

Petratherm is an explorer and developer of geothermal energy based in Adelaide.