MALACHITE INNOVATIONS, INC. announced the launch of Range Security Resources, Inc. (“Range Security”), a new wholly-owned operating business focused on providing eco-friendly, technology-driven security services to active and former mine sites, with a particular focus on locations transitioning to next generation industries. Range Security is intended to serve as a complementary business to Range Environmental Resources and Range Natural Resources, both wholly-owned operating businesses of Malachite that provide environmental services to active and former mine sites throughout the Appalachian Region. Mine sites frequently comprise thousands of acres of natural habitat with valuable infrastructure and operating assets dispersed across large tracts of land.

Currently, most landowners engage security companies staffed with guards driving light-duty trucks around large mine sites, resulting in suboptimal security services and excessive carbon emissions.