NACCO Industries, Inc. engages in mining, small appliances and specialty retail businesses. Subsidiaries North American Coal The company’s wholly owned subsidiary, The North American Coal Corporation and its affiliated companies (collectively, ‘NACoal’), mine coal primarily for use in power generation and provide selected value-added mining services for other natural resources companies. Coal is surface mined from NACoal's developed mines in North Dakota, Texas, Mississippi and Louisiana. Total coal reserves approximate 2.0 billion tons (including the unconsolidated mining operations) with approximately 1.1 billion tons committed to customers pursuant to long-term contracts. NACoal has two consolidated mining operations, such as Mississippi Lignite Mining Company (MLMC) and Centennial Natural Resources, LLC (Centennial). Centennial ceased coal production in 2015. NACoal also provides dragline mining services for independently owned limerock quarries in Florida. NACoal has various wholly owned unconsolidated subsidiaries, such as The Coteau Properties Company (Coteau); The Falkirk Mining Company (Falkirk); The Sabine Mining Company (Sabine); Demery Resources Company, LLC (Demery); Caddo Creek Resources Company, LLC (Caddo Creek); Coyote Creek Mining Company, LLC (Coyote Creek); Camino Real Fuels, LLC (Camino Real); Liberty Fuels Company, LLC (Liberty); and NoDak Energy Services, LLC (NoDak). As of December 31, 2015, NACoal's operating mines consisted both of mines where the reserves were acquired (whether in fee or through leases) and developed by NACoal, as well as mines where reserves are owned or leased by the customers of the mines and developed by NACoal. MLMC's customer, Choctaw Generation Limited Partnership until February 28, 2013 and KMRC RH, LLC subsequent to February 28, 2013, accounted for approximately 57% of NACoal's revenues for the year ended December 31, 2015. Centennial's major customer, Alabama Coal Cooperative, accounted for approximately 16% of NACoal's revenues for the year ended December 31, 2015. North American Coal Corporation India Private Limited provides technical business advisory services to the third-party owner of a coal mine in India. Sales, Marketing and Operations: The principal coal customers of NACoal are electric utilities, an independent power provider and a synfuels plant. Unconsolidated Mines Freedom Mine — The Coteau Properties Company (Coteau) The Freedom Mine, operated by Coteau, is located approximately 90 miles northwest of Bismarck, North Dakota. Coteau holds 275 leases granting the right to mine approximately 34,510 acres of coal interests and the right to utilize approximately 22,563 acres of surface interests. In addition, Coteau owns in fee 32,356 acres of surface interests and 4,265 acres of coal interests. Falkirk Mine — The Falkirk Mining Company (Falkirk) The Falkirk Mine, operated by Falkirk, is located approximately 50 miles north of Bismarck, North Dakota on a paved access road off U.S. Highway 83. Falkirk holds 290 leases granting the right to mine approximately 45,999 acres of coal interests and the right to utilize approximately 24,607 acres of surface interests. In addition, Falkirk owns in fee 40,339 acres of surface interests and 1,270 acres of coal interests. South Hallsville No. 1 Mine — The Sabine Mining Company (Sabine) The South Hallsville No. 1 Mine, operated by Sabine, is located approximately 150 miles east of Dallas, Texas on FM 968. Southwestern Electric Power Company controls all of the reserves within the South Hallsville No. 1 Mine. The South Hallsville No. 1 Mine has two active pits generally producing between 3 million and 5 million tons of lignite coal annually based upon Southwestern Electric Power Company’s demand for its Henry W. Pirkey Plant. Five Forks Mine — Demery Resources Company, LLC (Demery) The Five Forks Mine, operated by Demery, is located approximately 3 miles north of Creston, Louisiana on State Highway 153. Demery's customer, Five Forks Mining, LLC, controls all of the reserves within the Five Forks Mine. Marshall Mine — Caddo Creek Resources Company, LLC (Caddo Creek)
nacco industries-cl a
(NC:New York Consolidated)
5875 Landerbrook Drive
Cleveland, OH 44124
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