Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 64

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 64
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 or acquire former mine lands for the planting, growth and harvesting of crops to serve as the primary
feedstock for our biochar production operations. The newly planted crops would then act as a “carbon sink”, drawing substantial
amounts of carbon dioxide from the atmosphere into the plants through the photosynthesis process. When the plants are harvested, biochar
is produced through the carbonization pyrolysis process and the captured carbon dioxide is permanently preserved as carbon in the biochar
product for use in water treatment and agricultural end uses.

Pursuant
to rules adopted under the Clean Water Act of 1972 (“Clean Water Act”), the U.S. Environmental Protection Agency (“EPA”)
has implemented various pollution control programs such as wastewater standards for industry and recommendations for pollutants in surface
waters. The Clean Water Act prohibits any party from discharging pollutants into a water of the United States unless they have a permit
issued under the National Pollutant Discharge Elimination System (“NPDES”), which contains limits on what a party can discharge
and establishes monitoring and reporting requirements. On mining sites, coal operators are required to sample and test their water discharges
on a regular basis to ensure compliance with the Clean Water Act and applicable NPDES permits. Currently, most mining operators treat
non-compliant water with temporary holding ponds and expensive chemicals such as pH adjusters, coagulants and flocculants that require
constant reapplication to ensure compliance. Terra Preta will focus on developing a proprietary, biochar-based passive treatment system
that treats non-compliant mine site discharges to ensure compliance with the Clean Water Act and NPDES permits without the need for holding
ponds or expensive chemicals.

Sustainable
agriculture plays a critical role in the stability, growth, and diversification of our future food supply chain and the growth of
plants intended to serve as a carbon sink to reduce greenhouse gases. High-quality soil, a key condition for sustainable
agriculture, requires organic matter, microorganisms, nutrients, and optimal compaction. Subsoils with a sufficient number of
air-filled pores have little restriction to drainage and aeration, and typically are able to decompose and cycle organic matter and
nutrients more efficiently. Alternatively, soil with poor aeration leads to the build-up of carbon dioxide, reduces the ability of
plants to absorb water and nutrients, and leads to increased plant stress and root disease. To help address the ill effects of soil
compaction, Terra Preta plans to