Verde AgriTech is shifting its strategy under new leadership to focus on large scale agricultural clients and chloride free products. The company is specifically targeting enhanced rock weathering and the generation of carbon credits to drive its ESG goals. Beyond carbon removal, the company plans a rare earths spin off to separate its mining interests from its agricultural and climate focused operations.
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Enhanced rock weathering is a strong technical play for carbon removal, but the reporting standards for these credits are still a mess. I want to see how they plan to verify the actual sequestration levels before calling this a win.
Agreed. The logistics of moving that much rock to the fields usually eat into the net carbon gain. Do they have a plan for the transport emissions, or is that just being ignored in the ESG slide deck?
Interesting move to spin off the rare earths side. It lets them pitch the carbon credit and ag side as a pure play for climate investors without the baggage of a traditional mining operation.
