Verde Resources and Australian innovator C-Twelve (C12) have announced a ten-year exclusive partnership to commercialise low-carbon asphalt technology across the US.
This collaboration represents a major step in sustainable road construction, following the completion of the joint term sheet objectives in October 2024.
The partnership has already yielded proof-of-concept trials at the National Center for Asphalt Technology (NCAT) Test Track in Auburn, Alabama.
Conducted in December 2024 and April 2025, these trials validated the performance of asphalt produced with a 95% reduction in fossil-fuel usage compared to standard hot-mix asphalt production.
The trials are stated to have demonstrated environmental advantages and the economic feasibility of applying this technology in road construction and infrastructure.
Verde's Intellectual Property Model introduces a new revenue stream through Carbon Removal Credits.
This model offers a dual benefit of environmental improvement and financial gain, providing companies with a means to offset their scope emissions and reduce costs.
Verde-C12 will hold joint ownership of all solutions developed, tested, and piloted within the US.
Verde Resources CEO Jack Wong said: "We're incredibly proud of what we've accomplished with C12 in just seven months.
"Our successful proof-of-concept is a direct reflection of the vision we set out to achieve together. With C12's groundbreaking technology and Verde's commitment to sustainable infrastructure, we're poised to deliver transformative, common-sense solutions that will redefine our roads of the future, for the benefit of both the environment and the economy."
In a notable achievement, Verde said it generated the first-ever biochar-based Carbon Removal Credits from asphalt last month.
These credits, certified by Puro.earth, a global standard for engineered carbon removal, were stated to have been purchased by one of the world's largest financial institutions.
Verde-C12 states that it promises a more efficient process from start to finish, leading to economic savings, taxpayer benefits, and lasting environmental improvements.
