Tabas Negin Coal Company

What Tabas Negin Coal Company does

Tabas Negin Coal Company (شرکت ذغالسنگ نگین طبس), registration number 447608, is an Iranian publicly listed underground coal mining company founded in 1999 and headquartered in Tehran. The company operates the Parvadeh II and North Parvadeh III coal mines in the Tabas region under rights originally granted through a public auction by National Iranian Steel Company as part of Iran's Second Economic Development Plan. Its core product is raw coking coal produced for direct supply to the Iranian steel industry, with cumulative historical output exceeding 6.3 million tons and approximately 9% national market share, making it the fourth-largest coal producer in Iran as of 2018. The company has drilled over 33,000 meters of horizontal and inclined tunnels across its mining operations.

The company's product portfolio spans three lines: raw coking coal as the primary offering, supplemented by mining contracting services (mine construction, development, and extraction) and engineering consulting services for mine setup across all operational stages. The underlying technology is conventional underground mining and extraction, with the company claiming the highest production efficiency among private-sector coal mines in Iran as of 2014. It employs over 600 permanent workers across its Tehran headquarters, Isfahan regional office, Tabas office, and Parvadeh mining site.

Commercially, Tabas Negin operates as a B2B sales-led enterprise, distributing directly to Iranian steel manufacturers via negotiated contracts. Pricing is not publicly disclosed. The company has been listed on the Tehran Stock Exchange under ticker کطبس since 2003/2004, moved to the main board in 2007, and reports through the Codal disclosure system. It has executed multiple capital increases, most recently proposing an expansion from 785 billion to 1.95 trillion Rials funded from retained earnings. Major institutional shareholders represented on the board include Atiye Takado Investment Company, Iran Manganese Mining Company, and Parvadeh Tabas Coal Processing Company, with the broader Sepahan Industries and Mines Complex serving as a parent affiliation overseeing 50+ companies.

Name

Tabas Negin Coal Company

Legal name

Negin Tabas Coal Company (Public Joint Stock Company)

Website

https://negintabas.ir

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tabas Negin Coal Company is an Iranian publicly listed underground coal miner producing raw coking coal primarily for the domestic steel industry, holding approximately 9% of national output. It also provides mining contracting and engineering consulting services across Iran.

Ownership category

akta.pro rank

Product category

Coal Mining

NAICS

Underground Coal Mining (212115), Coal Mining (2121)

SIC

Bituminous Coal & Lignite Mining (1220)

akta.pro primary industry

Metallurgical Coal Mining (Coking/PCI Coal) (IMAKAIAB)

akta.pro secondary industries

Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH), Coal Marketing & Trading (IMAKAIAK)

Keywords

• Coking coal production
• Underground coal mining
• Mining contracting services
• Engineering consulting services
• Thermal coal extraction

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain

Revenue model

1. Raw Coking Coal Production and Sales: Production and sale of raw coking coal to steel industry. Product specifications include plastometry 17-18mm, ash 28-42%, sulfur 1.5-4%, fixed carbon 39-52%, volatile matter 26-27%.
2. Mining Contracting Services: Mine construction, development and extraction services offered to other companies inside and outside the group.
3. Engineering Consulting Services: Engineering advisory services for mine setup in all stages of construction and operation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Tabas Negin Coal Company extracts and sells raw coking coal from underground mines located in Iran's Tabas coal region, supplying the domestic steel industry. In addition to coal production, it provides mining contracting services and engineering consulting services to other mining sector participants.

Product overview

Tabas Negin Coal Company operates as a publicly listed coal mining and production company with three core offerings: raw coking coal as the primary product (accounting for ~9% of Iran's total coal production, making it the fourth-largest producer), supplemented by mine construction and contracting services and engineering consulting services. The company manages two mines — Parvadeh II and North Parvadeh III — in the Tabas region, has produced over 6.3 million tons of coal, and employs over 600 people. All three services are built on the company's ~20 years of operational experience and tunnel-drilling capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Raw Coking Coal Underground-mined raw coking coal extracted from horizontal and inclined tunnels in the Tabas region, supplied to Iranian steel manufacturers and industrial buyers as feedstock for coke and steel-making.
• Mining Contracting Services Contracted underground coal mining services delivered to other mining companies, leveraging the company's tunneling and extraction capabilities and its workforce of more than 600 employees.
• Engineering Consulting Services Specialized engineering consulting delivered to mining sector clients covering technical aspects of coal extraction projects, supported by the company's in-house mining engineering experience.

Quantifiable outcome

• 9% of Iran's total coal production
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core.

• Takado (تکادو)coreStrategic or Co-development PartnerTakado is the parent/investment company behind Negin Tabas Coal Company. Key executives from Takado serve on the board of directors. Takado is part of the larger Sepahan Industries and Mines Complex (مجتمع صنایع و معادن احیا سپاهان) which oversees more than 50 companies.
• Iran Manganese Mining Company (معادن منگنز ایران)coreStrategic or Co-development PartnerRepresented on the board of directors. Part of the same industrial group under Sepahan Industries and Mines Complex.
• Parvadeh Tabas Coal Processing Company (شرکت فرآوری ذغال سنگ پروده طبس)coreStrategic or Co-development PartnerCoal processing company in Tabas region. Board member represented from this company. Related entity within the same mining complex.
• National Iranian Steel Company (شرکت ملی فولاد ایران)coreChannel Partner/ Reseller/ DistributorOriginal policy-making entity that assigned the Tabas coal mines to Negin Tabas through public auction as part of the Second Economic Development Plan to supply coking coal for Iran's steel industry.
• Sepahan Industries and Mines Complex (مجتمع صنایع و معادن احیا سپاهان)coreStrategic or Co-development PartnerParent holding company managing over 50 industrial, mining, engineering services, commercial and banking companies across eight specialized holdings. Negin Tabas is part of this complex.

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Teck Resources: Major Canadian metallurgical/coking coal producer with significant underground operations. Highly comparable to Tabas Negin on product (coking coal), underground mining expertise, and supply to global steel customers.
• Coronado Global Resources: Pure-play metallurgical coal producer operating mines in the U.S., Australia, and Venezuela. Closely comparable as a coking coal specialist serving international steelmakers.
• Alpha Metallurgical Resources: Largest U.S. producer of metallurgical coal for the global steel industry. Directly comparable on coking coal focus, underground mining, and reliance on metallurgical-grade pricing.
• Parvadeh Tabas Coal Processing Company: Coal processing company operating in the Tabas region and a related entity within the Sepahan complex. Direct peer on coal preparation/beneficiation in the same geography.
• Madanjoo Company: Iranian mining contractor and mining services provider active in extraction and development. Direct peer on the company's mining contracting services line, and mentioned in Negin Tabas management's prior employment history.

Broad incumbents

• Arch Resources: Large U.S. coal producer with both metallurgical (coking) and thermal coal exposure. Comparable on underground mining operations and steel-industry customer base, though broader in scope.
• Whitehaven Coal: Largest independent coal producer in Australia, with both metallurgical and thermal coal. Comparable on underground coking coal mining and steel-industry supply, though Australian/Asian-focused.
• Peabody Energy: Largest U.S. coal producer with diversified metallurgical and thermal coal operations globally. Comparable as a large-scale underground coal miner, but with a much broader portfolio and international footprint.

Others

• National Iranian Steel Company (NISCO): State-owned steelmaker that originally assigned the Tabas coal mines to Negin Tabas and remains the anchor customer. Comparable as the downstream demand sink for the company's coking coal.
• Mobarakeh Steel Company: Iran's largest steelmaker and a member of the Sepahan ecosystem, whose chairman previously served at the company. Comparable as a downstream offtake partner for Iranian coking coal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tabas-negin-coal-co

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tabas Negin Coal Company