The company’s land grant extends to over 4.5m mineral acres of surface and mineral estate holdings in Wyoming, Utah, Colorado and Michigan, providing a royalty platform across industrial minerals, base metals and renewables. Sweetwater has received over $280m in royalty payments since establishment, with potential for further growth given the new mines under development by WE Soda and Sisecam Chemicals, according to a press release.
Under Orion’s ownership, the management team at Sweetwater has implemented several value creation initiatives, including setting up joint ventures with companies to pursue renewable energy initiatives such as large-scale wind and solar projects and identifying two new soda ash projects.
