UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

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FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):					May 2, 2022
NACCO INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
	Delaware		1-9172		34-1505819
	(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)
	5875 Landerbrook Drive
	Suite 220
	Cleveland,	Ohio			44124-4069
	(Address of principal executive offices)				(Zip code)
			(440)	229-5151
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act

Title of each class	Trading Symbol	Name of each exchange on which registered
Class A Common Stock, $1 par value per share	NC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

Emerging growth company       ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐

Item 8.01 Other Events

The Falkirk Mining Company (“Falkirk”), a wholly owned subsidiary of NACCO Industries, Inc. (“NACCO”), operates the Falkirk Mine in North Dakota. Falkirk is the sole supplier of lignite coal to the Coal Creek Station power plant. On May 2, 2022, Rainbow Energy Center, LLC and its affiliates announced the completion of the purchase of Coal Creek Station power plant and the adjacent high-voltage direct current transmission line from Great River Energy (“GRE”).

As a result of the transaction, the existing Coal Sales Agreement (“CSA”), the existing Mortgage and Security Agreement and the existing Option Agreement between GRE and Falkirk were terminated. GRE will pay $14.0 million in cash, will transfer ownership of an office building located in Bismarck, North Dakota, and will convey membership units in Midwest AgEnergy to NACCO as agreed to under the termination and release of claims agreement between Falkirk and GRE.

The new CSA between Falkirk and Rainbow Energy became effective upon the closing of the transaction. Falkirk will continue to supply all coal requirements of Coal Creek Station.

SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:	May 2, 2022		NACCO INDUSTRIES, INC.
		By:	/s/ Elizabeth I. Loveman
			Elizabeth I. Loveman
			Vice President and Controller