- Verde Resources (OTCQB: VRDR) and C-Twelve forge a 10-year exclusive partnership to commercialize low-carbon asphalt technology across the U.S.
- The partnership's technology reduces fossil fuel usage by 95% and generates Carbon Removal Credits for additional revenue.
- In April 2025, Verde achieved a breakthrough by generating the first-ever biochar-based Carbon Removal Credits from asphalt, certified by Puro.earth.
Verde Resources Inc. (VRDR, Financial) has entered into a decade-long exclusive partnership with Australian innovator C-Twelve Pty Ltd to revolutionize road construction in the United States through low-carbon asphalt technology. This collaboration follows the successful completion of joint term sheet objectives, marking a new era for sustainable infrastructure.
The groundbreaking technology from this partnership has demonstrated a 95% reduction in fossil fuel usage during asphalt production, as validated by trials at the National Center for Asphalt Technology in Auburn, Alabama. This innovation not only offers significant environmental benefits but also creates a scalable model for engineered carbon removal, introducing a novel revenue stream through Carbon Removal Credits.
In a pioneering achievement, Verde Resources successfully generated the first-ever biochar-based Carbon Removal Credits from asphalt in April 2025. These credits, certified by Puro.earth, were swiftly pre-purchased by a major financial institution, underscoring strong market confidence in the technology's commercialization and its role in the global transition to Net Zero.
The partnership aims to deliver enhanced road durability, reduced greenhouse gas emissions, and cost savings, contributing to a more sustainable planet. Both companies will share joint ownership of all solutions developed and piloted in the U.S., a move that promises economic advantages, taxpayer savings, and environmental benefits.
Commenting on the collaboration, Jack Wong, CEO of Verde Resources, expressed pride in the rapid achievements and the potential to redefine future road infrastructures. Meanwhile, Jason Lee, CEO of C-Twelve, highlighted the shared vision and readiness to drive this innovation into widespread adoption.
