Owner and manager of coal, aggregates, and industrial minerals properties.
Natural Resource Partners L.P., headquartered in Houston, Texas, operates as a prominent owner, manager, and lessor of a diversified portfolio of mineral properties across the United States. The company is structured into two core segments: Mineral Rights and Soda Ash, underscoring its strategic focus on both traditional and specialty mineral assets.
Within its Mineral Rights segment, Natural Resource Partners L.P. holds significant interests in coal reserves located in key regions such as Appalachia, the Illinois Basin, and the Northern Powder River Basin. Additionally, the company manages industrial minerals, aggregates properties, oil and gas assets in Louisiana, and timber resources in West Virginia. Notably, its operations include a trona ore mining operation and soda ash refinery situated in the Green River Basin, Wyoming.
Natural Resource Partners L.P. utilizes a leasing model, offering portions of its reserves in exchange for royalty payments, while also owning and leasing essential transportation and processing infrastructure integral to its coal operations. NRP (GP) LP functions as the company's general partner, overseeing its strategic direction and operational management since its inception in 2002. The company continues to uphold its commitment to sustainable resource management and maximizing shareholder value through strategic investments in diverse mineral assets across the United States.