Core Insights - Verde Resources Inc. is pioneering the use of Cold-Mix Biochar Asphalt, which sequesters carbon while maintaining strength and flexibility for road applications [2][4] - The Biochar-Asphalt test section at NCAT has shown durability and resilience after nearly 50,000 ESALs of heavy truck traffic, indicating its suitability for low-traffic applications [3][4] - The company has generated verified Carbon Removal Credits for its Biochar-Asphalt, positioning it as a leader in transforming asphalt into a climate-positive material [4][8] Company Developments - Verde Resources has signed a memorandum of understanding with Ergon Asphalt & Emulsions, aiming for a long-term exclusive agreement by September 2025 to accelerate commercialization of its technologies [5] - The company is focused on reducing greenhouse gas emissions and optimizing the use of native soils and recycled materials, enhancing overall efficiency while lowering costs [7] Industry Impact - The introduction of biochar-infused asphalt is expected to reshape sustainable roadbuilding practices, contributing to a significant reduction in emissions across the construction value chain [4][6] - The ongoing validation of the Biochar-Asphalt at NCAT is part of a multi-year test cycle to assess its long-term viability for various traffic conditions [3]