NORTH AMERICAN MINING® AWARDED MULTI-YEAR CONTRACT SUPPORTING EVERGLADES RESTORATION

North American Mining has been awarded a significant multi-year contract to support the restoration of the Florida Everglades, as announced on November 4, 2025. This contract involves providing dragline excavation services for a project initiated by the U.S. Army Corps of Engineers in collaboration with the South Florida Water Management District. The initiative is a part of the Central Everglades Planning Project, which aims to construct a 17.75-mile embankment dam and associated spillways, necessitating the movement of over 25 million tons of material.

The decision to engage North American Mining underscores the company's strategic shift towards large-scale civil infrastructure projects, in addition to their existing aggregates mining operations. A critical factor in securing this contract was the company's commitment to utilize the new fully AC-electric-drive MTECK draglines. These draglines are noted for their efficiency and environmental advantages, aligning with modern sustainability standards.

North American Mining is a subsidiary of NACCO Natural Resources, which operates the largest dragline fleet in the United States and exclusively distributes the innovative MTECK draglines across 48 states through its subsidiary, Strata Equipment Solutions. Phil Berry, the President of North American Mining, expressed pride in the company's ability to deliver high safety, efficiency, and environmental responsibility standards, all contributing to the successful acquisition of this contract.

This contract not only signifies a vital contribution to environmental restoration efforts but also highlights North American Mining’s focus on innovation and operational excellence within the mining industry. For further information about North American Mining, interested parties can visit their website at www.namining.com.

North American Mining's recent award of a multi-year contract for the Everglades restoration project represents a significant strategic growth opportunity. This move into large-scale civil infrastructure projects indicates a diversification of North American Mining's business model, traditionally focused on aggregates. Investors should take note of the company’s return on investment potential through innovative practices implemented in this contract with the U.S. Army Corps of Engineers and Thalle Construction.

The use of advanced AC-electric-drive MTECK draglines not only positions North American Mining as a leader in environmentally conscious mining practices, but it also enhances their operational efficiency, safety, and performance capabilities. Given the growing emphasis on sustainability within the industry, this technical differentiation could lead to stronger customer relations and future contract opportunities.

Moreover, with the firm managing the largest dragline fleet in the U.S., this contract may facilitate improved economies of scale and boost revenue as they provide excavation services to move over 25 million tons of material. This capacity should be viewed favorably by investors, especially as the Central Everglades Planning Project aims to improve ecological health, which may guarantee a steady revenue stream for North American Mining in the years to come.

As North American Mining integrates these new technologies, their commitment to providing high standards in safety and efficiency will be crucial. Stakeholders should closely monitor the operational results stemming from this initiative, as success could lead to further expansion into other infrastructural projects, including additional partnerships with government agencies.

In summary, North American Mining's diversified approach and utilization of innovative technology present compelling reasons for a positive outlook. Investors may want to consider increasing their positions in NACCO Industries (NYSE: NC), as this strategic initiative could enhance both revenue potential and stock performance in the coming years.