415 MADISON ST EAGLE PASS, TX 78852 Get Directions
415 MADISON ST EAGLE PASS, TX 78852 Get Directions
Dos Republicas Coal Partnership (DRCP) is a Texas general partnership with two partners, each of which is a? Texas corporation, both of which are owned by the Mexican company, Minera del Norte (MINOSA)
MINOSA has several mining operations in Mexico, mainly dedicated to the extraction of coal and iron ore. It also has operations in Israel that concentrate primarily on thet extraction of copper.
MINOSA, the principal investor of Dos Republicas Coal Partnership, is part of the Mexican steel giant Grupo Acerero del Norte which through its subsidiary AHMSA specializes in the production of flat steel products.
Although MINOSA has a very significant amount of mining experience,? MINOSA has decided to use an experienced US mining company to operate the Eagle Pass Mine.
Currently, Dos Republicas Coal Partnership is in the process of renewing and amending its surface mining permit with the Railroad Commission of Texas.
Several State and Federal agencies have oversight authority over the operation, such as: TCEQ, RCT, MSHA, USACE, OSM, FWS and EPA.
NACoal
www.nacoal.com
Camino Real Fuels LLC, a North American Coal Corporation (NACoal) subsidiary is the proposed operator for the Eagle Pass Mine. NACoal is a subsidiary of NACCO Industries, Inc., which is publicly traded in the New York Stock Exchange under the symbol NYSE: NC
Who is NACoal?
The largest lignite coal producer in the US.
One of the top 10 coal producers in the US.
Has almost 100 years of mining experience.
Approved by the RCT as the Eagle Pass Mine operator.
NACoal has won numerous prestigious awards related to Safety and Environmental protection for its mining operations. Currently NACoal has mining operations in Florida, Louisiana, Mississippi and Texas.
Project Description
Mine site is located about 7 miles northeast of the City of Eagle Pass, Texas in Maverick County.
The project contemplates the extraction of 2.7 million tons of bituminous coal annually.
There are reserves to extract coal for approximately 7 to 8 years.
Coal will NOT be CRUSHED or WASHED in the US, it will be sent directly to MINOSA's operations in Mexico by train.
Sedimentation ponds will be constructed and placed within the mine to capture storm water runoff that comes in contact with land that has been disturbed by mining operations. The water will be used for dust suppression or discharged in accordance with the permit issued by the TCEQ.
Water diversions will be constructed to keep water from the upstream watershed from coming in contact with the mining operations.
Dust will primarily be controlled by water trucks or other spray nozzles.
There is a bond in place with the Railroad Commission of Texas to reclaim the land to its original state in case the company defaults)
The Railroad Commission of Texas requires the operator to carry general liability insurance which extends beyond the permit boundary
Economic Benefits to the Region
Initial investment of $116.3 million dollars, of which: o$60.5 million are for the construction of facilities and site development, from which local contractors can benefit greatly
An annual INCREASE of approximately 25% in SALES TAX REVENUE for the City of Eagle Pass.
An annual INCREASE of approximately $1 million dollars in PROPERTY TAXES for Maverick County.
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