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FX.co ★ 5 largest coal mining companies in world

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News in Pictures:::2022-12-12T11:46:49

5 largest coal mining companies in world

BHP Group (Australia)

BHP Group opens the list of the leading coal mining companies. This firm was founded in Australia in 2001. It is specialized in the production of copper, coal, iron ore, gold, gas, and oil. The company has expanded its services up to 90 countries, including Australia, the US, Canada, and Chile. In the oil segment, BHP Group carries out exploration, development, and production of oil and gas. Meanwhile, in the copper segment, the company is focused on the mining of minerals, copper, lead, silver, uranium, and gold. PHP Group's coal segment provides the extraction of metallurgical and thermal coal. The company's market capitalization totaled $124.18 billion, whereas the dividend yield was 14.21%. The corporation has 22 years of experience in paying dividends, which have increased over the past five years. In 2021, BHP Group's annual revenue reached $60.8 billion, exceeding its revenue in 2020 ($42.9 billion) by 41.66%.

5 largest coal mining companies in world

Rio Tinto Group (UK, Australia)

Rio Tinto Group, a UK and Australian concern, is the second coal mining company on the list. This is the largest international mining and metallurgical company founded in 1962. It consists of two firms - Rio Tinto Limited and Rio Tinto Plc. Notably, the company’s headquarters is located in the UK, while management is conducted in Melbourne and London. Rio Tinto Plc specializes in the exploration, extraction, and processing of minerals. Rio Tinto Limited, the second department, is producing iron ore, coal, gold, diamonds, copper, and aluminum. The market cap of both departments totals $75.5 billion.

5 largest coal mining companies in world

China Shenhua Energy (China)

The third place is occupied by China Shenhua Energy Co. Ltd, a Chinese coal producing concern founded in 2004. The company is focused on mining, selling, and transportation of coal. In addition, the firm is involved in the production and selling of energy as well as port transportation of natural resources. The company’s market cap stands at $35,6 billion.

5 largest coal mining companies in world

Arch Resources (US)

Arch Resources is the next largest coal producing company, which manages 30 mines in the US. It was founded in the 1960s. At present, Arch Resources is the second producer of coal in the United States. In 2016, the firm had to file for bankruptcy, whereas, in 2020, it was seriously affected by the coronavirus pandemic. However, in 2021, the company recovered and returned to its pre-pandemic condition. Later, Arch Resources switched to coal mining for steel production as well as to electricity production. The company’s market cap has reached $2.55 billion, while its dividend yield comes at 0.71%.

5 largest coal mining companies in world

Natural Resource Partners (US)

Natural Resource Partners closes the list of the top 5 coal mining companies in the world. Natural Resource Partners is located in Texas and manages the investment portfolio of mineral resources in the United States. The company's coal reserves are located in the Illinois Basin, Appalachia, and the Northern Powder River Basin (US). The management of Natural Resource Partners leases part of its lands where mineral deposits are located and deals with the transportation and processing of coal. In the first quarter of 2022, the free cash flow of the firm reached a whopping $52 million. This is 120% more than in 2021, analysts emphasize. Such an impressive rise in revenue could be explained by stable demand for metallurgical and power coal. The market capitalization of Natural Resource Partners totals $476.13 billion, whereas its dividend yield stands at 7.65%.

5 largest coal mining companies in world
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