Iron Properties permits two coal mines, prep plant in Tennessee

The Tennessee Division of Air Pollution Control (TDAPC) said in a Nov. 21 public notice that Iron Properties LLC is seeking a permit for a new coal processing plant at its Liberty mine near Dayton in Rhea County, Tenn.

“They seek to obtain an air contaminant permit (Division identification number: 72-0143-01/66548) for construction of a Coal Processing Plant at Ogden Road, 6 miles to Dayton TN,” said the notice. “This proposed operation would consist of a coal stockpile, screening equipment, conveyors, crushers and associated equipment used to crush coal. There would be physical construction. Regulated air contaminants would be emitted by this source.”

The state Division of Water Pollution Control is processing NPDES water permit applications for Iron Properties for both the Liberty and Security deep mines. The division noted that the mines are covered under mine permit applications filed with the U.S. Office of Surface Mining under SMCRA permit numbers 3257 and 3259. Tennessee doesn’t have primacy, so mine permitting in the state is handled directly by OSM.

  • Permit documents show that Liberty would be a room-and-pillar mine with slope access in the low-sulfur Richland coal seam, which is about 600 feet underground at this location, with a prep plant on-site.
  • Security would be a slope-accessible room-and-pillar mine into the Nelson coal seam, which holds a high-quality coking coal, said the NPDES permit application for that mine. This mine would also be located in Rhea County.

OSM data shows that Iron Properties was first listed in the agency database in June 2011 and that it is 100% owned by Jason McCoy. McCoy has no other coal company connections in the OSM database. Iron Properties is not currently listed in the U.S. Mine Safety and Health Administration database.

An Internet search shows that McCoy is a real estate developer and his company’s website says: “IRON Properties has teamed with various coal executives to acquire and develop mineral rights along the eastern U.S. With the ever growing demand for energy and steel, IRON Properties not only develops the above ground real estate, but also maximizes the real estate investment by focusing on whats underneath. With a focus on high grade metallurgical coal, IRON Properties specializes on identifying reserves and performing due diligence.”

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.