Largest coal mining companies by market cap
Coal mining companies remain vital to global energy security, extracting thermal and metallurgical coal for power generation and steel production. They are primarily traded on exchanges like NYSE, ASX, and JSE, essential platforms for commodity investments. Despite energy transition pressures, the coal sector, led by low-cost producers, offers investors exposure to resilient emerging market demand and high cash yields.
Energy commodity exchanges are not just platforms for coal miners; they facilitate capital allocation into the $1T+ global coal market. The main advantages of investing in coal stocks include:
- Steel and power exposure: Companies supplying 70% of global steel production (met coal) and 35% of electricity (thermal coal) worldwide.
- Geographic advantage: Operations near high-growth Asian markets (Indonesia, India) with low transportation costs.
- Cash flow generation: High free cash flow yields of 10-15% supporting substantial shareholder returns.
Industry leader Glencore produces 100 million tonnes annually – the world’s largest seaborne thermal coal supply – from mines across Australia, Colombia, and South Africa. Together with China Shenhua (operating the world’s largest coal mining complex at Shenmu), they anchor the sector, with Glencore controlling 6% of global export volumes. Investing in coal stocks provides exposure to companies supplying 25% of primary energy in developing economies.
Leading coal firms are operational specialists. Peabody Energy achieves all-in sustaining costs of $30/tonne at Australian mines, while Whitehaven Coal maintains 20% EBITDA margins. BHP’s thermal coal division generates $4B annual free cash flow. This efficiency explains why coal equities yielded 8% average dividends during 2020-2023. Beyond extraction, the sector includes 5 of the world’s 10 largest coal basins: Powder River (USA), Hunter Valley (Australia), Kuznetsk (Russia), Shanxi (China), and Jharia (India).
Regulated brokerThe following table contains a list of the largest coal mining companies by market capitalization, primarily traded on NYSE/ASX/global exchanges (including producers with 10M+ tonne annual output). The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.
| Stock | Price | Change % | Marketcap | 52 Week Range |
|---|---|---|---|---|
 China Shenhua Energy 601088.SS | $5.98 | 2.26% | 118.77B | |
 Glencore GLCNF | $6.92 | 1.02% | 81.00B | |
| $2.09 | 4.60% | 21.00B | ||
 Coal India COALINDIA.NS | $4.78 | 3.57% | 0.0294T | |
| $26.41 | 1.06% | 10.03B | ||
 United Tractors UNTR.JK | $1.46 | 4.97% | 0.0053T | |
 Adaro Energy ADRO.JK | $0.1296 | 5.24% | 0.0038T | |
 Yancoal YAL.AX | $3.95 | 0.71% | 5.21B | |
| $36.09 | 1.04% | 4.39B | ||
 Exxaro Resources EXX.JO | $11.75 | 0.85% | 0.0284B | |
| $24.43 | 0.00% | 3.14B | ||
| $221.33 | 3.48% | 2.89B | ||
| $92.38 | 3.23% | 4.86B | ||
| $7.62 | 1.68% | 0.8947B | ||
| $18.67 | 0.16% | 877.85M |
