North American Mining
North American Mining provides contract mining services—including strategic mine planning, dragline operations, and reclamation—to aggregate producers, coal operators, and metal/non-metal miners across 10 U.S. states as a subsidiary of NACCO Natural Resources.
- Company typePrivate
- Founded1994
- HeadquartersPlano, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What North American Mining does
North American Mining is a U.S. contract mining services provider and a subsidiary of NACCO Natural Resources (NYSE: NAC). Founded in 1994 to extend the parent company's coal-mining expertise into Florida limestone and aggregates, the company has grown into the largest dragline operator in the United States, maintaining more than 40 draglines ranging from 7 cubic-yard diesel units to 124 cubic-yard electric units across 28 locations in 10 states, delivering more than 45 million tons of material per year. Service offerings span three core pillars—Strategic Mine Planning (feasibility studies, land and minerals acquisition, engineering, and environmental permitting), Mining Operations (dragline services, surface miners, loading and hauling, drilling and blasting, materials handling, and equipment maintenance), and Reclamation and Remediation (design, permitting, site grading, and land restoration). The company supplements these with Strata Equipment Solutions (dragline and heavy-equipment parts inventory and consignment), MTECK Dragline Sales (authorized dealer for AC-electric-drive MTECK draglines), Catapult Mineral Partners (mineral rights and oil/gas interests management), and Mitigation Resources of North America (mitigation banking).
The company operates a B2B managed-services model, partnering directly with enterprise customers as an extension of their teams under long-term contracts. Customer segments include aggregate producers (Cemex, Martin Marietta, Titan, McDonald Group), coal mining companies, and metal/non-metal miners. A separate hardware and parts revenue stream flows through Strata Equipment Solutions and MTECK, while mineral rights management contributes licensing and royalty revenue. No public pricing is disclosed; contracts are negotiated per project based on scope, scale, and duration. Distribution is entirely domestic through direct enterprise field sales.
North American Mining's competitive position rests on the scale of its dragline fleet, more than 100 years of institutional mining knowledge inherited from the 1913 founding of The Cleveland & Western Coal Company, and a credentialed track record of more than 100 safety awards and 90+ federal and state reclamation awards. The company has expanded beyond traditional aggregates and coal into lithium and other critical minerals, and is pursuing cross-border business development in Canada and the Bahamas under a recently restructured East/West operating leadership. Q1 2026 parent-level revenue of $62.8 million declined 4% year-over-year, but gross profit rose 48% and net income rose 80%, indicating margin-led performance rather than volume-driven growth.
North American Mining firmographics
Firmographics- Name
- North American Mining
- Legal name
- North American Mining
- Website
- https://namining.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- North American Mining provides contract mining services—including strategic mine planning, dragline operations, and reclamation—to aggregate producers, coal operators, and metal/non-metal miners across 10 U.S. states as a subsidiary of NACCO Natural Resources.
- Ownership category
- akta.pro rank
North American Mining industry classification
Industry- Product category
- Contract Mining Services
- NAICS
- Support Activities for Mining (213), Support Activities for Nonmetallic Minerals (except Fuels) Mining (213115), Support Activities for Metal Mining (213114), Surface Coal Mining (212114), Copper, Nickel, Lead, and Zinc Mining (212230)
- SIC
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Metal Mining (1000), Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082)
- akta.pro primary industry
- Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)
- akta.pro secondary industries
- Blasting & Explosives Services (Drill-and-Blast, Explosives Supply, Shot Services) (IMAKAKAC), Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA), Mine Site Support Services (Camp/Catering, Security, Fuel & Lubricants, Water, Waste, Roads) (IMAKAKAE)
Keywords
Where North American Mining is headquartered
LocationHeadquarters
- HQ city
- Plano
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
North American Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Contract Mining Services: Long-term contract mining agreements with aggregate producers, limestone mining companies, and coal mining operations. The company provides comprehensive mining services including strategic mine planning, mining operations, and land reclamation and remediation.
- Dragline Equipment Sales and Parts: Sale of dragline equipment through MTECK dealer partnership and parts/inventory through Strata Equipment Solutions. Provides specialized, hard-to-find parts unique to the mining industry with competitive pricing and consignment warehouse services.
- Mineral Rights Management: Through Catapult Mineral Partners, the company grows presence in minerals management, primarily in ownership of oil and gas interests. Assistance with mineral rights, property ownership, and leasable minerals including negotiations, contract language, and management of holding payments and royalties.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
North American Mining product offering
Product offeringCore offering
North American Mining is a B2B contract mining services provider that operates as an extension of its customers' teams, delivering end-to-end mining capabilities from strategic mine planning through mining operations to final land reclamation and remediation. The company operates the largest dragline fleet in the United States (more than 40 draglines) and serves large aggregate producers, coal mining operators, and metal/non-metal mining firms across 28 locations in 10 U.S. states, delivering more than 45 million tons of material annually. Complementary offerings include Strata Equipment Solutions (dragline parts and consignment warehouse) and MTECK dragline sales as an authorized dealer.
Product overview
North American Mining operates as a contract mining services provider offering an integrated suite of five distinct offerings. The core portfolio is built around three service pillars: Strategic Mine Planning (feasibility studies, land acquisition, engineering, and environmental permitting), Mining Operations (draglines, surface miners, loading and hauling, drilling and blasting, materials handling, equipment maintenance, and land and minerals management), and Reclamation and Remediation (design, permitting, site grading, and land restoration). These are supplemented by Strata Equipment Solutions for dragline and heavy equipment parts inventory and consignment services, and MTECK Dragline Sales as an authorized dealer offering two AC electric drive dragline models (825 and 2100). The company delivers over 45 million tons of material per year and operates more than 40 draglines across the United States.
Differentiator
Problem solved
Functional benefit
Brands
- Strata Equipment Solutions: Operates as a dragline parts and inventory company, maintaining and selling a large inventory of dragline and heavy equipment parts, including specialized parts unique to the mining industry, consignment warehouse services, and offering competitive pricing.
- MTECK Dragline Sales
Products and services
- Strategic Mine Planning Expert mine planning services encompassing feasibility studies, land and minerals acquisition, engineering and geology, and environmental planning and permitting. Geologists, engineers, and mining experts evaluate and recommend the best technical solutions for each mine site. Targeted at enterprise mining operators needing outsourced mine planning expertise.
- Mining Operations Comprehensive contract mining operations including dragline services (more than 40 draglines from 7 cu-yd diesel to 124 cu-yd electric models), surface miners, loading and hauling, materials handling, drilling and blasting, equipment maintenance, and land and minerals management. Delivers more than 45 million tons of material per year. For enterprise aggregate producers, coal miners, and metal/non-metal mining customers.
- Reclamation and Remediation Award-winning land reclamation and remediation services including design and permitting, site grading, land use restoration, and final reclamation. Earned more than 90 federal and state awards for innovative reclamation projects, including millions of trees planted, wetland acres restored, and cropland acres reclaimed. For mining operators needing to meet post-extraction environmental obligations.
- Strata Equipment Solutions (Dragline Parts and Inventory) Dragline parts and inventory business maintaining and selling a large inventory of dragline and heavy equipment parts, including specialized, hard-to-find parts unique to the mining industry. Provides consignment warehouse services, dragline expertise, and competitive pricing. For mining operators needing specialized parts.
- MTECK Dragline Sales Authorized dealer for MTECK draglines, combining best technical design with mining expertise. Two models available: the 825 Model (Max RSL 48,000 lbs) and the 2100 Model (Max RSL 104,000 lbs), both featuring AC electric drive with power source flexibility and ergonomically designed operator cabs. For mining operators seeking new dragline equipment.
Quantifiable outcome
- Deliver 45+ million tons of material per year
- +3 more outcomes
Companies that use North American Mining
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
North American Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
North American Mining partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and minor.
- NACCO Natural ResourcesflagshipNorth American Mining is a subsidiary of NACCO Natural Resources, a parent company that operates with a long-term perspective and people-centered values. NACCO Natural Resources is the public holding company (NYSE: NAC) that encompasses North American Mining, North American Coal, and other natural resources companies.
- MTECKcoreNorth American Mining serves as an authorized dealer for MTECK draglines, specializing in increasing uptime and efficiency. The company combined the best technical design with their mining expertise to build the dragline of the future. Available models include the 825 Model with Max RSL of 48,000 lbs and the 2100 Model with Max RSL of 104,000 lbs. MTECK draglines are designed for operators by operators with fully AC electric drive, power source flexibility, ergonomically designed operator cab, and enhanced safety features.
- Mitigation Resources of North AmericacoreFormed in 2017 as a mitigation banking company inspired by North American Mining's environmental and permitting expertise. Provides environmental mitigation services that complement North American Mining's reclamation and remediation capabilities.
- Catapult Mineral PartnersminorCatapult Mineral Partners was formed to grow North American Mining's presence in minerals management, primarily in ownership of oil and gas interests. Provides mineral rights management, property ownership, and leasable minerals services.
Scale indicators11 records
Recent moves10 records
Expansion highlights5 records
North American Mining competitors and assessment
Company assessmentDirect peers
- North American Coal: Sibling subsidiary under NACCO Industries providing contract coal mining (lignite, surface mining) under the management fee model dating back to 1964. Direct sibling with overlapping surface mining capabilities, shared parent governance, and similar contract services GTM.
- NACCO Industries: NYSE-listed parent (NAC) that consolidates North American Mining, North American Coal, Hyster-Yale, and Hamilton Beach. As ultimate parent and capital allocator, NACCO's strategic direction, financial reporting, and M&A appetite directly determine NAM's runway.
- Knife River Corporation: Aggregates and construction materials producer that operates its own mines and could be both customer and competitor in aggregates/contract mining. Directly comparable vertically integrated aggregates operator with similar U.S. footprint and mining services intensity.
- Summit Materials: Vertically integrated construction materials company with aggregates, cement, and ready-mix operations across the U.S. Operates large limestone and aggregate quarries comparable to NAM's Florida footprint, with similar mining services requirements.
Broad incumbents
- Martin Marietta Materials: NYSE-listed aggregates heavyweight and one of NAM's named customers. Operates its own large-scale surface mines, employs dragline operations internally, and competes for some of the same contract mining workloads across the U.S.
- Vulcan Materials Company: Largest U.S. producer of construction aggregates with extensive surface mining operations. Comparable in mining services needs, scale, and customer overlap (Cemex, infrastructure), though Vulcan is much larger and primarily an operator rather than a contract miner.
- Cemex: Global building materials leader and a named NAM enterprise customer (South Florida and west coast Florida operations). While primarily a customer relationship, Cemex's vertically integrated aggregates mining makes it a comparable player in the broader contract mining ecosystem.
- Boral Limited: Australia-based construction materials and aggregates producer with U.S. operations. Comparable in vertically integrated aggregates mining scale and limestone/aggregate production methods similar to NAM's core business model.
Others
- Caterpillar Inc. OEM of surface mining equipment including large electric and hydraulic mining shovels and dragline components. As the dominant mining equipment manufacturer serving NAM's fleet, Caterpillar is a key supplier and adjacent ecosystem participant whose technology choices influence NAM's operations.
- Komatsu (via Joy Global): Through Joy Global acquisition, Komatsu is a primary supplier of mining shovels, draglines, and surface mining equipment. Indirectly comparable as a technology ecosystem participant whose equipment choices and service offerings shape the contract mining competitive landscape.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
North American Mining social profiles
Digital presenceNorth American Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
North American Mining leadership team
Management profileNumber of profiles
Profiles13 records
North American Mining subsidiaries and ownership
Company hierarchySubsidiaries4 records
North American Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
North American Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about North American Mining
What does North American Mining do?
North American Mining is a B2B contract mining services provider that operates as an extension of its customers' teams, delivering end-to-end mining capabilities from strategic mine planning through mining operations to final land reclamation and remediation. The company operates the largest dragline fleet in the United States (more than 40 draglines) and serves large aggregate producers, coal mining operators, and metal/non-metal mining firms across 28 locations in 10 U.S. states, delivering more than 45 million tons of material annually. Complementary offerings include Strata Equipment Solutions (dragline parts and consignment warehouse) and MTECK dragline sales as an authorized dealer.
Is North American Mining a public or private company?
North American Mining is a private company. It is classified as corporate owned and is currently operating.
When was North American Mining founded?
North American Mining was founded in 1994. It employs 51 to 100 people.
Where is North American Mining based?
North American Mining is headquartered in Plano, United States, in the North America region.
How does North American Mining make money?
Three revenue lines are on record. Contract Mining Services are the primary driver. The others are dragline Equipment Sales and Parts and mineral Rights Management.
Who are North American Mining's main competitors?
Direct peers on record are North American Coal, NACCO Industries, Knife River Corporation and Summit Materials. Broad incumbents are Martin Marietta Materials, Vulcan Materials Company, Cemex and Boral Limited. Others are Caterpillar Inc. and Komatsu (via Joy Global).
Does North American Mining have an API?
No public API is recorded for North American Mining.
What industry is North American Mining in?
North American Mining's product category is Contract Mining Services. Its primary akta.pro industry code is IMAKAKAD, Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul), with a secondary code of IMAKAKAC, Blasting & Explosives Services (Drill-and-Blast, Explosives Supply, Shot Services). Its NAICS code is 213 and its SIC code is 1400.