Twin Pines Minerals has paid $300,000 on $650,00 tax bill
The company linked to the controversial plan to operate a titanium mine near the edge of the Okefenokee Swamp is behind on hundreds of thousands of dollars in personal property taxes owed to the South Georgia county where the mine would be built, local tax records show.
Twin Pines Minerals owes Charlton County $365,000 in taxes, including $55,000 in penalties and interest, county records show. To pay off the $650,000 tax bill, originally due in January, the company has entered into a payment plan with the county.
The company has made two payments, one in May and another in July, for a total of $300,000, according to the Charlton County Tax Commissioner’s Office. The one year of assessed taxes covers the equipment on the property, records show.
Trail Ridge Land LLC, an affiliated company that owns the roughly 600 acres of land that the mine would be built on, was also late to pay roughly $30,000 in property taxes, county tax records show.
Charlton County placed four liens on the properties in April that were eventually paid in June. Trail Ridge Land was registered in Georgia in 2018 to Steven Ingle, president of Twin Pines.
“When our taxes came due, I contacted the Charlton County Tax Assessor and made arrangements to fulfill Twin Pines’ obligations via payments, which is standard operating procedure in Charlton County. We have made payments and will continue to do so moving forward,” Ingle said in an emailed statement.
County records show Twin Pines paid its taxes on time in 2022 and 2021.
Twin Pines says the $300 million mine project would employ hundreds of full-time workers and double the county’s tax base.
These commitments have helped the company garner strong support from Charlton County public officials, who say the additional tax dollars can be used to fund essential public services.
But the company’s struggles to keep up with its property taxes raises doubts about the company’s promises, said Atlanta environmental attorney Josh Marks, a staunch opponent of the mine.
Internal Revenue Service as a tax-exempt charitable organization and held its first board meeting.
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