Monday, May 21, 2007

NRP Investing In New Coal Prep Plant, Rail Loading Facility

Natural Resource Partners is building a new coal preparation plant and railroad loading operation in McDowell County, W.Va. Construction and operation of the $16.2 million prep plant facility near Eckman should be completed by the third quarter. NRP said work on the railroad loading operation is expected to take until next year. NRP owns and manages coal properties and coal handling and transportation operations in Appalachia, the Illinois Basin and the Powder River Basin. The company is based in Houston and has its operational headquarters in Huntington.