Business
Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX is a diversified natural resource company that owns, manages and leases a diversified portfolio of properties across the United States including coal, industrial minerals and other natural resources, as well as rights to conduct carbon sequestration and renewable energy activities. A large percentage of NRP’s revenues are generated from royalties and other passive income. In addition, NRP owns an equity interest in Sisecam Wyoming, a trona/soda ash operation.
Natural Resource Partners (NRP) owns approximately 13 million acres of mineral interests and other subsurface rights across the United States. NRP does not mine, drill or produce minerals. Instead, NRP leases its acreage to companies engaged in the extraction of minerals in exchange for the payment of royalties and various other fees. NRP’s ownership provides critical inputs for the manufacturing of steel, electricity and basic building materials, as well as opportunities for carbon sequestration and renewable energy.
Sisecam Wyoming, one of the largest and lowest cost producers of natural soda ash in the world, serving a global market from its facility in the Green River Basin of Wyoming. The facility has been in operation for more than 50 years.