Simple and cheap process to lock in CO2 Verde's silicate rock is rich in the mineral glauconite (the "Rock"), which once processed and applied to the soil removes carbon dioxide ("CO 2 ") from the air through a process called Enhanced Rock Weathering ("ERW").2
ERW permanently locks CO2 into the new mineral structure.3 In 2022 the carbon credit markets totalled US$ 909 billion in transactions.4
The Company is fully permitted and equipped to mine and process up to 2.8 million tonnes per year of Rock.
To build its mines, Verde acquired farmland that had previously been deforested to open area for pastureland, as its mining progresses Verde fully recovers the land back to original native forests.
To date, the Company has planted over 30,000 native and endangered trees.
Should be a veritable cash cow for NPK as the mining process is already underway and perfected..