1. Verde Resources partners with C-Twelve for low carbon asphalt technology. 2. Partnership aims for sustainable road construction with a 10-year focus. 3. Proof-of-concept trials showed 95% reduction in fossil fuel use for asphalt. 4. Carbon Removal Credits offer financial and environmental benefits. 5. First biochar-based Carbon Removal Credits certified, signaling market confidence.
The partnership enhances VRDR's focus on sustainable solutions, likely increasing investor confidence. Historical precedent shows that collaborations in green technology have positively impacted stock prices.
The announcement represents a significant shift towards sustainability, which aligns with growing investor interest in ESG-focused investments. The financial benefits from Carbon Removal Credits could enhance future earnings prospects.
The 10-year partnership implies sustained revenue growth and innovation, with ongoing benefits over time. Similar long-term projects have previously led to increased market share and profitability.
/PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR) and Australian innovator C-Twelve Pty Ltd (C12) are proud to announce a landmark 10-year exclusive partnership aimed at commercializing low carbon asphalt technology across the United States.
This long-term collaboration marks a pivotal step toward redefining the future of sustainable road construction, following the successful completion of their joint term sheet objectives signed in October 2024.