other material
confidence high
sentiment positive
materiality 0.50
Verde Resources completes world's first biochar carbon removal credits from asphalt; 8 tons sold
VERDE RESOURCES, INC.
- Successful proof-of-concept at NCAT Test Track for biochar in asphalt applications.
- 8 tons of Carbon Removal Credits issued by Puro.earth, a leading engineered carbon removal platform.
- Credits pre-purchased by one of the world's largest financial institutions focused on CDRs.
- First-ever issuance of such credits from asphalt applications, marking a commercial milestone.