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Verde Renewables, a subsidiary of Verde Resources, Inc., entered into a ten-year Master Commercialization and…
VRDRVerde Resources, Inc.
Verde Renewables, a subsidiary of Verde Resources, Inc., entered into a ten-year Master Commercialization and Collaboration Agreement with Ergon Asphalt & Emulsions, Inc. on July 1, 2026. Under this agreement, Verde Renewables will serve as a preferred supplier of engineered biochar and provide carbon credit monetization services for Ergon's products, starting with a cold mix road paving product. The partnership includes a revenue-sharing model for biochar sales and a cash royalty paid by Ergon to Verde Renewables for emulsion products sold under the initial project. Additionally, Verde Renewables amended its supply agreement with Biochar Solutions LLC on June 30, 2026, to increase biochar supply capacity and establish joint patent filings for a proprietary formulation. Verde Resources, Inc. is a company focused on renewable materials and carbon credit management.