## Verde and C-Twelve Join Forces to Revolutionize Road Construction with Sustainable Biochar Asphalt
ST. LOUIS, October 23, 2024
– Verde Resources Inc. (VRDR) and C-Twelve Pty Ltd (Australia) are thrilled to announce a transformative partnership that will reshape the road construction industry and drive global sustainability. This collaboration leverages C-Twelve’s cutting-edge binder and biochar-asphalt surfacing technology, meticulously developed over the past five years. This technology is now exclusively licensed to Verde for commercialization within the United States, marking a monumental step forward in sustainable infrastructure development.Verde holds the exclusive right of first refusal to expand this technology into new regions. They are also authorized to file and manage U.S. patents based on C-Twelve’s intellectual property, with all patents branded under the Verde name. This signifies a powerful commitment to the future of sustainable road construction.
A Groundbreaking Partnership Set to Revolutionize Roads
The partnership marks a significant milestone, with joint technology testing already underway. Installations are planned on Verde’s designated cross section at the National Center for Asphalt Technology (NCAT) Test Track in Auburn, Alabama, with completion expected by December 2024. This project is poised to be a game-changer in the industry, with several key advantages:
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Cold Installation:
Unlike traditional hot asphalt, biochar-asphalt can be produced and installed even in freezing temperatures, a groundbreaking feature Verde and C-Twelve plan to showcase. This opens up new possibilities for road construction, allowing work to continue year-round.*
Carbon Removal Credits:
The demonstrations are expected 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 groundbreaking achievement demonstrates the potential for road construction to become a positive force in combating climate change.*
Durability and Sustainability:
The biochar-asphalt technology creates durable, sustainable infrastructure that significantly reduces greenhouse gas emissions, sequesters carbon, and cuts costs by at least 20%. This means a double win: a positive impact on the environment and a reduction in construction expenses.A Blueprint for the Future of Roads
This partnership represents a paradigm shift in the road construction industry, offering existing hot asphalt producers a seamless transition to cold-based biochar asphalt production. This transition eliminates the need for energy-intensive burners, significantly reducing greenhouse gas emissions. Producers can operate year-round, 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 of a Greener Future
“The road to Net Zero is paved with innovation, strategic partnerships, and common-sense economics,” said 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.”
Verde has meticulously and strategically forged partnerships with organizations that share its mission and values over the past two years. They have overcome early challenges to secure a key alliance with C-Twelve, a company that has successfully sequestered over 2,000 tons of carbon into asphalt mix. As a result, Verde now collaborates with trusted partners 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.”
This groundbreaking partnership between Verde and C-Twelve represents a beacon of hope for a greener future. By revolutionizing the way roads are built, they are paving the way for a more sustainable and environmentally responsible world.
For more information, visit Verde Resources Inc. and C-Twelve Pty Ltd.
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.
