Trona

Orion Resource Partners sells further minority stake in Sweetwater Royalties

Retrieved on: 
Monday, April 8, 2024
The Company, Growth, Environment, Ontario Teachers' Pension Plan, Land grant, Metal, Sale, Orion, Trona

NEW YORK, April 8, 2024 /PRNewswire/ -- Orion Resource Partners LP ("Orion"), a global investment firm specializing in metals and materials, today announces the sale of a minority interest in Sweetwater Royalties ("Sweetwater" or the "Company"), a private industrial minerals royalty company, to a Canadian pension fund. In this transaction Orion has sold an 8% stake in Sweetwater for approximately $100 million, implying a ~$1.9 billion enterprise value for 100% of Sweetwater Royalties. Orion will retain a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers' Pension Plan in March last year for approximately $220 million.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire/ -- Orion Resource Partners LP ("Orion"), a global investment firm specializing in metals and materials, today announces the sale of a minority interest in Sweetwater Royalties ("Sweetwater" or the "Company"), a private industrial minerals royalty company, to a Canadian pension fund.
  • In this transaction Orion has sold an 8% stake in Sweetwater for approximately $100 million, implying a ~$1.9 billion enterprise value for 100% of Sweetwater Royalties.
  • Orion will retain a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers' Pension Plan in March last year for approximately $220 million.
  • Oskar Lewnowski, Founder and Chief Executive Officer of Orion Resource Partners LP said: "This is an outstanding investment for Orion.

Conifer Systems to Provide First-of-Its-Kind Solution to Reduce GHG Emissions at Solvay Wyoming Trona Mine

Retrieved on: 
Wednesday, February 8, 2023
Detergent, Environment, Carbon, Investment, Conifer, Trona, Lithium, GHG, Glass, Renewable energy

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Conifer Systems ("Conifer") announces that it will design, manufacture and deploy an innovative solution to reduce greenhouse gas ("GHG") emissions originating from Solvay's Green River, Wyoming trona mine and soda ash production facility.

Key Points: 
  • HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Conifer Systems ("Conifer") announces that it will design, manufacture and deploy an innovative solution to reduce greenhouse gas ("GHG") emissions originating from Solvay's Green River, Wyoming trona mine and soda ash production facility.
  • Solvay, a global leader in materials, chemicals and solutions, has committed to decarbonize its operations in line with Solvay One Planet's sustainability roadmap.
  • When commissioned in Q2 2024, Conifer's solution will be the largest mining abatement solution in the Western hemisphere and is expected to lead to a 20% reduction of the Green River site's GHG emissions.
  • The Conifer GHG abatement solution will be the first to deploy regenerative thermal oxidation technology to reduce emissions originating from trona mining operations.

Ciner Resources LP to Release Second Quarter 2021 Results

Retrieved on: 
Monday, July 26, 2021
Mining, Minerals, Natural Resources, Minerals, Chemistry, Physical sciences, Ciner Wyoming, Green River, Wyoming, Trona, Household chemicals, Sodium compounds, Green River, WYOMING, Sodium carbonate, Kazan Soda Elektrik

Ciner Resources LP (NYSE: CINR) will release second quarter 2021 financial results after the market closes on Monday, August 2, 2021.

Key Points: 
  • Ciner Resources LP (NYSE: CINR) will release second quarter 2021 financial results after the market closes on Monday, August 2, 2021.
  • Ciner Resources LP, a master limited partnership, operates the trona ore mining and soda ash production business of Ciner Wyoming LLC, 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.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210726005820/en/

Ciner Resources LP to Release First Quarter 2021 Results

Retrieved on: 
Tuesday, April 27, 2021
Mining, Minerals, Natural Resources, Minerals, Chemistry, Chemical elements, Ciner Wyoming, Green River, Wyoming, Trona, Household chemicals, Sodium compounds, Green River, WYOMING, Sodium carbonate

b'Ciner Resources LP (NYSE: CINR) will release first quarter 2021 financial results after the market closes on Monday, May 3, 2021.\nCiner Resources LP, a master limited partnership, operates the trona ore mining and soda ash production business of Ciner Wyoming LLC, 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.

Key Points: 
  • b'Ciner Resources LP (NYSE: CINR) will release first quarter 2021 financial results after the market closes on Monday, May 3, 2021.\nCiner Resources LP, a master limited partnership, operates the trona ore mining and soda ash production business of Ciner Wyoming LLC, 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210426005935/en/\n'

Natural Resource Partners L.P. 2020 Form 10-K Now Available

Retrieved on: 
Monday, March 15, 2021
Coal, Energy, Natural Resources, Mining, Minerals, Minerals, Crystallography, Evaporite, Trona, Ciner Wyoming, Master limited partnership

Natural Resource Partners L.P. (NYSE: NRP) announced today that it has filed the partnerships Annual Report Form 10-K for the period ended December 31, 2020 with the Securities and Exchange Commission.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) announced today that it has filed the partnerships Annual Report Form 10-K for the period ended December 31, 2020 with the Securities and Exchange Commission.
  • The report is available on NRPs website at www.nrplp.com , and hard copies of the report may be requested free of charge, at [email protected] or by contacting the partnership at 1201 Louisiana, Suite 3400, Houston, TX 77002.
  • Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States, including interests in coal, industrial minerals and other natural resources, and owns an equity investment in Ciner Wyoming, a trona/soda ash operation.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210315005799/en/

Natural Resource Partners L.P. 2020 Tax Information

Retrieved on: 
Monday, March 15, 2021
Coal, Natural Resources, Energy, Mining, Minerals, Utilities, Minerals, Crystallography, Corporate finance, Legal entities, Evaporite, Trona, Ciner Wyoming, Master limited partnership, Tax

Natural Resource Partners L.P. (NYSE: NRP) announced today that the 2020 tax packages for unitholders, including the individual K-1 tax information, are available on its website www.taxpackagesupport.com/naturalresource .

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) announced today that the 2020 tax packages for unitholders, including the individual K-1 tax information, are available on its website www.taxpackagesupport.com/naturalresource .
  • The K-1 tax information will also be mailed commencing today, Monday, March 15, 2021.
  • For additional K-1 tax information and unitholder support, unitholders may call toll free (888) 334-7102.
  • Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States, including interests in coal, industrial minerals and other natural resources, and owns an equity investment in Ciner Wyoming, a trona/soda ash operation.

Natural Resource Partners Declares Fourth Quarter 2020 Distributions

Retrieved on: 
Thursday, February 11, 2021
Coal, Natural Resources, Energy, Mining, Minerals, Utilities, Minerals, Crystallography, Ciner Wyoming, Green River, Wyoming, Trona, NRP, Master limited partnership

Natural Resource Partners L.P. (NYSE: NRP) today announced that the Board of Directors of its general partner declared a fourth quarter 2020 distribution of $0.45 per common unit for NRP.

Key Points: 
  • Natural Resource Partners L.P. (NYSE: NRP) today announced that the Board of Directors of its general partner declared a fourth quarter 2020 distribution of $0.45 per common unit for NRP.
  • The Board also declared a fourth quarter distribution on NRPs 12.0% Class A Convertible Preferred Units totaling $7.6 million.
  • Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States, including interests in coal, industrial minerals and other natural resources, and owns an equity investment in Ciner Wyoming, a trona/soda ash operation.
  • Accordingly, NRP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable rate.

New Industry Coming To Trona

Retrieved on: 
Wednesday, December 2, 2020
Minerals, Searles Valley, Trona, California, Trona, Geography of California, Mojave Desert

TRONA, Calif., Dec. 2, 2020 /PRNewswire/ -- PVL Limestone, Inc., owner of PVL Lime, is excited to announce that San Bernardino County has approved its plans to construct a state-of-the-art clean and efficient lime plant at Trona, California.

Key Points: 
  • TRONA, Calif., Dec. 2, 2020 /PRNewswire/ -- PVL Limestone, Inc., owner of PVL Lime, is excited to announce that San Bernardino County has approved its plans to construct a state-of-the-art clean and efficient lime plant at Trona, California.
  • The plant will employ over thirty people from the Trona area and will represent an economic boost to the local economy.
  • Lime is a critical commercial material used in many agricultural, building, metallurgical, environmental processes and more.
  • PVL Limestone, Inc. is also pleased to announce it will be entering the bright white limestone markets in Southern California.

New Industry Coming To Trona

Retrieved on: 
Wednesday, December 2, 2020
Minerals, Searles Valley, Trona, California, Trona, Geography of California, Mojave Desert

TRONA, Calif., Dec. 1, 2020 /PRNewswire/ -- PVL Limestone, Inc., owner of PVL Lime, is excited to announce that San Bernardino County has approved its plans to construct a state-of-the-art clean and efficient lime plant at Trona, California.

Key Points: 
  • TRONA, Calif., Dec. 1, 2020 /PRNewswire/ -- PVL Limestone, Inc., owner of PVL Lime, is excited to announce that San Bernardino County has approved its plans to construct a state-of-the-art clean and efficient lime plant at Trona, California.
  • The plant will employ over thirty people from the Trona area and will represent an economic boost to the local economy.
  • Lime is a critical commercial material used in many agricultural, building, metallurgical, environmental processes and more.
  • PVL Limestone, Inc. is also pleased to announce it will be entering the bright white limestone markets in Southern California.

Ciner Resources LP Announces Quarterly Cash Distribution

Retrieved on: 
Tuesday, April 28, 2020
Mining, Minerals, Natural Resources, Chemistry, Physical sciences, Chemical elements, Ciner Wyoming, Green River, Wyoming, Trona, Legal entities, Green River, Sodium carbonate, WYOMING, Limited liability company

Ciner Resources LP (the "Partnership") (NYSE: CINR) announced that the board of directors of its general partner approved today its quarterly distribution.

Key Points: 
  • Ciner Resources LP (the "Partnership") (NYSE: CINR) announced that the board of directors of its general partner approved today its quarterly distribution.
  • The quarterly distribution of $0.340 for the first quarter of 2020 is payable on May 22, 2020, to unitholders of record on May 8, 2020.
  • Ciner Resources LP, a master limited partnership, operates the trona ore mining and soda ash production business of Ciner Wyoming LLC, 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.
  • This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d).