NRP Profile
Natural Resource Partners L.P., a prominent natural resources company based in Houston, Texas, operates as a diversified owner and manager of a broad portfolio of mineral properties across the United States. Established in 2002, the company leverages its extensive holdings in coal, industrial minerals, soda ash, trona, and other natural resources to generate revenue through leasing and royalty agreements. Its operations are organized into two primary segments: Mineral Rights and Soda Ash.
The company’s Mineral Rights segment encompasses significant coal reserves situated in key regions such as Appalachia, the Illinois Basin, and the Northern Powder River Basin. These coal assets are integral to NRP’s operations, providing a steady stream of royalty income from leases with major coal producers. Additionally, Natural Resource Partners holds interests in a variety of industrial minerals and aggregates, contributing to its diversified mineral portfolio.
In the Soda Ash segment, Natural Resource Partners controls trona ore mining operations and a soda ash refinery located in the Green River Basin of Wyoming. This facility is a critical component of the company’s operations, enabling it to produce and market soda ash, a key ingredient in glass manufacturing and other industrial applications. The company also manages oil and gas properties in Louisiana, timber assets in West Virginia, and transportation and processing infrastructure related to its coal properties.
The company’s approach involves leasing its mineral rights and infrastructure to industry partners, generating royalty payments and rental income. NRP (GP) LP serves as the general partner, overseeing the company’s operations and strategic direction. With a diverse asset base and a robust leasing strategy, Natural Resource Partners L.P. is well-positioned to capitalize on market opportunities in the natural resources sector.
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