Verde Resources and C-Twelve Join Forces to Transform Road Construction with Sustainable Biochar-Asphalt Technology
St. Louis, MO – October 23, 2024 – Verde Resources Inc. (OTCQB: VRDR) and C-Twelve Pty Ltd (Australia) are thrilled to announce a strategic partnership that will revolutionize the road construction industry and drive global sustainability. This collaboration will leverage C-Twelve’s revolutionary binder and biochar-asphalt surfacing technology, developed over the past five years, which is now exclusively licensed to Verde for US commercialization.
Verde has secured the first right of refusal to expand this groundbreaking technology to new regions and is authorized to file and manage US patents based on C-Twelve’s intellectual property. All patents will be branded under the Verde name, further solidifying this impactful partnership.
A Significant Leap Towards Sustainable Infrastructure
This partnership marks a momentous step forward in the pursuit of sustainable infrastructure. Joint technology testing is set to commence, with installations planned on Verde’s designated cross-section at the National Center for Asphalt Technology (NCAT) Test Track in Auburn, Alabama. The project is expected to be completed by December 2024.
A Game-Changer for Road Construction
Unlike traditional hot asphalt, biochar-asphalt can be produced and installed even in freezing temperatures, offering a significant advantage over conventional methods. This key feature is one of the benefits that Verde and C-Twelve intend to showcase during the testing phase.
Carbon Removal and Environmental Benefits
The demonstrations are anticipated to generate approximately 10 tons of Carbon Removal Credits, certified through a leading methodology in partnership with Verde’s carbon removal partners: GECA Environnement, Oregon Biochar Solutions, and CarbonPilot. This initiative underscores the commitment to mitigating climate change and creating positive environmental impact.
Validation and Market Expansion
Following the installation, a comprehensive post-installation sales strategy will be launched to validate the concept. Rigorous Measurement, Reporting, and Verification (MRV) protocols will ensure the highest standards of integrity and transparency, effectively mitigating any risk of greenwashing. This commitment to transparency builds trust and confidence in the technology’s effectiveness.
A Paradigm Shift for the Industry
Once validated and certified, this blueprint has the potential to revolutionize millions of miles of roads globally. It offers a compelling solution to create durable, sustainable infrastructure that significantly reduces greenhouse gas emissions, sequesters carbon, and cuts costs by at least 20%. This innovative approach will also generate valuable carbon removal credits, repurpose millions of tons of bio-waste, create jobs, and contribute to the global circular economy.
A Seamless Transition for Existing Producers
For existing hot asphalt producers, this licensable blueprint presents a paradigm shift, offering an opportunity rather than competition. It provides a seamless transition to cold-based biochar asphalt production, eliminating energy-intensive burners and cutting GHG emissions. Producers can operate year-round, including in winter, boosting profitability while contributing to carbon sequestration. The transition requires minimal changes to equipment and supply chains, preserving vendor relationships while reducing costs and emissions.
A Shared Vision for a Sustainable Future
“The road to Net Zero is paved with innovation, strategic partnerships, and common-sense economics,” stated Jack Wong, CEO of Verde Resources. “Our collaboration with C-Twelve is not only redefining the way roads are built but also establishing a new benchmark for sustainable infrastructure through pragmatic, transformative approaches.”
Over the past two years, Verde has strategically forged partnerships with organizations that share its mission and values, overcoming early challenges to secure a key alliance with a company that has successfully sequestered over 2,000 tons of carbon into asphalt mix. As a result, Verde now collaborates with trusted partners who are fully aligned with its bold vision of enabling global infrastructure to seamlessly #TransitionToZero.
“We’re incredibly excited about this alliance with Verde,” said Jason Lee, CEO of C-Twelve. “This partnership is a pivotal moment, especially after overcoming challenges perfecting the technology. Both C-Twelve and Verde have emerged stronger, more resilient, and fully committed to our shared vision. The challenges both entities have faced have only strengthened the immense potential of this partnership, and we’re excited to drive this transformative change forward with the team at Verde.”
About Verde Resources Inc.
Verde is at the forefront of establishing the world’s first Net Zero road construction blueprint, certified at the highest level. Through advanced solutions and strategic partnerships, Verde is committed to driving positive change in the industry and contributing to a more sustainable future.
About C-Twelve Pty Ltd (Australia)
C-Twelve Australia is at the forefront of developing industrial-scale carbon sequestration solutions for a sustainable future in road construction and infrastructure. With a deep commitment to environmental sustainability, C-Twelve integrates cutting-edge technologies to capture and store carbon within road systems, reducing environmental impact while enhancing the durability and performance of roadways. These innovations tackle the urgent demand for sustainable infrastructure in the face of global climate challenges, paving the way to a greener future.
About NCAT
NCAT is a world leader in asphalt pavement technology, supported by its long-standing partnerships with National Asphalt Pavement Association (NAPA), state transportation departments, the Federal Highway Administration (FHWA), and industry stakeholders. It is recognized worldwide for excellence in research, training, education, and technology transfer, with a focus on building safe, sustainable, and cost-effective asphalt pavements.
For more information, please visit:
Verde Resources Inc.: [Website URL]
C-Twelve Pty Ltd: [Website URL]