VERDE RESOURCES entered a non-binding memorandum with Highway International to develop and validate its engineered biochar platform for Singapore road infrastructure, with a pilot planned in 2026. Successful validation and approval could lead to Highway becoming the Singapore licensee for applications including carbon-sequestering roads, airfield pavements and other infrastructure.

Key Highlights

  • Verde Resources Asia Pacific entered a non-binding memorandum with Singapore-based Highway International covering engineered biochar deployment and licensing.
  • Successful pilot validation, approvals and Due Diligence could lead to definitive agreements naming Highway as Verde’s Singapore licensee.
  • The proposed pilot would evaluate technical performance, production readiness, carbon accounting and digital monitoring, reporting and verification.

VERDE RESOURCES, INC. (NASDAQ: VRDR) has established a non-binding framework with Highway (NASDAQ: HIHO) International Pte. Ltd. to test and commercialize its engineered biochar carbon platform in Singapore. The arrangement covers an initial pilot with Singapore’s Land Transport Authority, with the companies expecting work to begin in 2026. The proposed collaboration links Verde Resources’ engineered biochar with Highway’s asphalt and road-construction capabilities.

Singapore Pilot Covers Roads and Carbon Tracking

Its scope also includes carbon accounting, digital monitoring, reporting and verification, as well as the potential for wider commercial deployment. The next steps are subject to successful pilot validation, Land Transport Authority sign-off, feasibility studies, mutual due diligence and applicable regulatory approvals. Highway is described as a Singapore asphalt producer and road-construction specialist. Verde Resources’ platform uses biochar produced by thermally converting biomass waste into a stable carbon form. The company says its proprietary process further develops the material for road applications, while its broader blueprint combines engineered biochar, pavement technologies, carbon-credit accounting and project-data tracking.

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