We are a publicly traded Delaware limited partnership formed in 2002. We own,
operate, manage and lease a diversified portfolio of mineral properties in the
United States, including interests in coal, trona and soda ash, construction aggregates
and other natural resources. Our business is organized into three operating segments:
Coal Royalty and Other—consists primarily of coal royalty properties
and coal-related transportation and processing assets. Other assets include
aggregates royalty, industrial mineral royalty, oil and gas royalty and timber.
Our coal reserves are primarily located in Appalachia, the Illinois Basin and
the Western United States. Our aggregates and industrial minerals properties
are located in a number of states across the United States. Our oil and gas
royalty assets are primarily located in Louisiana.
Soda Ash—consists of our 49% non-controlling equity interest in a trona
ore mining operation and soda ash refinery in the Green River Basin, Wyoming.
We recognize our portion of equity earnings and receive regular quarterly distributions
from this business.
Construction Aggregates—consists of our construction materials business
that operates hard rock quarries, an underground limestone mine, sand and gravel
plants, asphalt plants and marine terminals. Our construction aggregates business
operates in Pennsylvania, West Virginia, Tennessee, Kentucky and Louisiana.
Our operations are conducted through Opco, and our operating assets are owned
by our subsidiaries. NRP (GP) LP, our general partner, has sole responsibility
for conducting our business and for managing our operations. Because our general
partner is a limited partnership, its general partner, GP Natural Resource Partners
LLC, conducts its business and operations, and the Board of Directors and officers
of GP Natural Resource Partners LLC make decisions on our behalf. Robertson
Coal Management LLC, a limited liability company wholly owned by Corbin J. Robertson,
Jr., owns all of the membership interest in GP Natural Resource Partners LLC.
Subject to the Board Representation and Observation Rights Agreement with certain
entities controlled by funds affiliated with The Blackstone Group, L.P. (collectively
referred to as "Blackstone") and affiliates of GoldenTree Asset Management
LP (collectively referred to as "GoldenTree"), Mr. Robertson, Jr.
is entitled to appoint the members of the Board of Directors of GP Natural Resource
Partners LLC. Mr. Robertson, Jr. has delegated the right to appoint one director
to Blackstone.
The senior executives and other officers who manage NRP are employees of Western
Pocahontas Properties Limited Partnership and Quintana Minerals Corporation,
companies controlled by Mr. Robertson, Jr., and they allocate varying percentages
of their time to managing our operations. Neither our general partner, GP Natural
Resource Partners LLC, nor any of their affiliates receive any management fee
or other compensation in connection with the management of our business, but
they are entitled to be reimbursed for all direct and indirect expenses incurred
on our behalf.
We have regional offices through which we conduct our operations, the largest
of which is located at 5260 Irwin Road, Huntington, West Virginia 25705 and
the telephone number is (304) 522-5757. Our principal executive office is located
at 1201 Louisiana Street, Suite 3400, Houston, Texas 77002 and our telephone
number is (713) 751-7507.