Verde and Ergon Sign MOU to Advance Commercialization of Low-Carbon Road Materials

1. Verde Resources signed an MOU with Ergon Asphalt, marking a strategic alliance. 2. The MOU aims to validate low-emission biochar-asphalt technology in the U.S. 3. This collaboration follows successful carbon removal innovations in asphalt production. 4. Partnership focuses on accelerating sustainable road construction technologies. 5. Verde aims to gain competitive advantages by promoting eco-friendly solutions.

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Why Bullish?

The strategic MOU with Ergon enhances Verde's market potential and innovation credibility, suggesting strong future demand. Historical trend: similar collaborations in sustainable sectors have driven stock price increases.

How important is it?

The article discusses a significant partnership advancing Verde's technology, potentially leading to increased revenues and market share.

Why Long Term?

The partnership sets the foundation for sustainable technology adoption in infrastructure, suggesting long-term revenue growth despite initial validation phases.

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ST. LOUIS, June 4, 2025

/PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR), a leader in sustainable road construction technologies, announced today that its wholly owned subsidiary, Verde Renewables Inc., has signed a Memorandum of Understanding (MOU) with Ergon Asphalt & Emulsions, Inc., a trusted industry pioneer in asphalt innovation and supply. This marks a major milestone in their growing strategic alliance.