World

Top 79 largest Companies in the Thermal Coal industry in the World by Market Cap

This is the list of the largest public listed companies in the Thermal Coal industry in the world by market capitalization with links to their reference stock.

World Thermal Coal Industry Analysis
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Top Thermal Coal Companies in the World as of Jan. 01, 2026

Rank Company Market Cap (USD) Country Sector Industry
61 Lubelski Wegiel Bogdanka SA $172.7 M Poland Polish Energy Polish Thermal Coal
62 PT Delta Dunia Makmur Tbk $141.0 M Indonesia Indonesian Energy Indonesian Thermal Coal
63 PT Mitrabara Adiperdana Tbk $117.2 M Indonesia Indonesian Energy Indonesian Thermal Coal
64 PT Resource Alam Indonesia Tbk $98.1 M Indonesia Indonesian Energy Indonesian Thermal Coal
65 SouthGobi Resources Ltd. $82.3 M Hong Kong HK Energy HK Thermal Coal
66 Huili Resources $67.0 M

(July 1, 2025)

 Hong Kong HK Energy HK Thermal Coal
67 Wescoal Holdings Ltd $50.7 M

(April 1, 2022)

 South Africa South African Energy South African Thermal Coal
68 MC Mining Limited $41.7 M

(Jan. 1, 2024)

 Australia Australian Energy Australian Thermal Coal
69 Hidili Industry International Development Ltd $37.3 M China Chinese Energy Chinese Thermal Coal
70 GCM Resources plc $29.0 M United Kingdom UK Energy UK Thermal Coal
71 Tigers Realm Coal Limited $26.1 M

(July 1, 2024)

 Russia Russian Energy Russian Thermal Coal
72 Oracle Power plc $7.9 M United Kingdom UK Energy UK Thermal Coal
73 Kibo Energy plc $13,861 Ireland Irish Energy Irish Thermal Coal
74 Sharpe Resources Corp United States US Energy US Thermal Coal
75 Paringa Resources Limited Australia Australian Energy Australian Thermal Coal
76 County International Limited Australia Australian Energy Australian Thermal Coal
77 East Energy Resources Limited Australia Australian Energy Australian Thermal Coal
78 Kuzbasskaya Toplivnaya Kompaniya PAO Russia Russian Energy Russian Thermal Coal
79 Aim Exploration, Inc. United States US Energy US Thermal Coal

Top Thermal Coal Companies in the World as of Jan. 01, 2026

61. Lubelski Wegiel Bogdanka SA

Company Profile: Lubelski Wegiel Bogdanka SA
Market Cap (USD): $172.7 M
Country: Poland
Sector: Polish Energy
Industry: Polish Thermal Coal

62. PT Delta Dunia Makmur Tbk

Company Profile: PT Delta Dunia Makmur Tbk
Market Cap (USD): $141.0 M
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Thermal Coal

63. PT Mitrabara Adiperdana Tbk

Company Profile: PT Mitrabara Adiperdana Tbk
Market Cap (USD): $117.2 M
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Thermal Coal

64. PT Resource Alam Indonesia Tbk

Company Profile: PT Resource Alam Indonesia Tbk
Market Cap (USD): $98.1 M
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Thermal Coal

65. SouthGobi Resources Ltd.

Company Profile: SouthGobi Resources Ltd.
Market Cap (USD): $82.3 M
Country: Hong Kong
Sector: HK Energy
Industry: HK Thermal Coal

66. Huili Resources

Company Profile: Huili Resources
Market Cap (USD): $67.0 M (July 1, 2025)
Country: Hong Kong
Sector: HK Energy
Industry: HK Thermal Coal

67. Wescoal Holdings Ltd

Company Profile: Wescoal Holdings Ltd
Market Cap (USD): $50.7 M (April 1, 2022)
Country: South Africa
Sector: South African Energy
Industry: South African Thermal Coal

68. MC Mining Limited

Company Profile: MC Mining Limited
Market Cap (USD): $41.7 M (Jan. 1, 2024)
Country: Australia
Sector: Australian Energy
Industry: Australian Thermal Coal

69. Hidili Industry International Development Ltd

Company Profile: Hidili Industry International Development Ltd
Market Cap (USD): $37.3 M
Country: China
Sector: Chinese Energy
Industry: Chinese Thermal Coal

70. GCM Resources plc

Company Profile: GCM Resources plc
Market Cap (USD): $29.0 M
Country: United Kingdom
Sector: UK Energy
Industry: UK Thermal Coal

71. Tigers Realm Coal Limited

Company Profile: Tigers Realm Coal Limited
Market Cap (USD): $26.1 M (July 1, 2024)
Country: Russia
Sector: Russian Energy
Industry: Russian Thermal Coal

72. Oracle Power plc

Company Profile: Oracle Power plc
Market Cap (USD): $7.9 M
Country: United Kingdom
Sector: UK Energy
Industry: UK Thermal Coal

73. Kibo Energy plc

Company Profile: Kibo Energy plc
Market Cap (USD): $13,861
Country: Ireland
Sector: Irish Energy
Industry: Irish Thermal Coal

74. Sharpe Resources Corp

Company Profile: Sharpe Resources Corp
Country: United States
Sector: US Energy
Industry: US Thermal Coal

75. Paringa Resources Limited

Company Profile: Paringa Resources Limited
Country: Australia
Sector: Australian Energy
Industry: Australian Thermal Coal

76. County International Limited

Company Profile: County International Limited
Country: Australia
Sector: Australian Energy
Industry: Australian Thermal Coal

77. East Energy Resources Limited

Company Profile: East Energy Resources Limited
Country: Australia
Sector: Australian Energy
Industry: Australian Thermal Coal

78. Kuzbasskaya Toplivnaya Kompaniya PAO

Company Profile: Kuzbasskaya Toplivnaya Kompaniya PAO
Country: Russia
Sector: Russian Energy
Industry: Russian Thermal Coal

79. Aim Exploration, Inc.

Company Profile: Aim Exploration, Inc.
Country: United States
Sector: US Energy
Industry: US Thermal Coal

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