Rhino Resource Partners (OTCMKTS: RHNO) is a master limited partnership focused on the development, production and marketing of metallurgical coking coal used in the steelmaking process. Established in the mid-2000s, the partnership operates under a structure designed to provide a stable platform for the exploration and extraction of high-quality coal reserves. Rhino Resource Partners’ assets are primarily overseen by its general partner, which leverages industry expertise to advance coal projects from development through full commercial production.
The company’s core business centers on metallurgical coal properties located in the Powder River Basin of Wyoming. Rhino Resource Partners holds a portfolio of undeveloped tract interests and producing leases, and it conducts both underground and surface mining operations. By focusing on low‐ash, low‐sulfur coal, the partnership aims to meet stringent steel industry specifications for coking coal, delivering a product that enhances blast furnace performance and reduces emissions during steel production.
In addition to its mine sites, Rhino Resource Partners manages coal preparation plants that wash and process raw coal into a finished product suitable for blast furnaces and cokemaking facilities. The partnership markets its metallurgical coal primarily to domestic steel producers in the United States, with selected exports to international customers. This sales strategy is underpinned by long‐term offtake arrangements and spot market engagements, allowing the company to adapt to changing demand dynamics in the global steel industry.
Headquartered in Gillette, Wyoming, Rhino Resource Partners employs a management team with deep experience in mining engineering, reserves evaluation and commodity marketing. While the partnership continues to advance certain development-stage projects toward production, its immediate focus remains on optimizing output at existing operations and maintaining strong relationships with steelmakers seeking consistent, high-quality coking coal supplies.
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