Tigers Realm Coal (TIG) is an Australia-based company committed to becoming a significant global coking coal producer. It operates primarily in the Russian Far East, Chukotka Autonomous Okrug, near the Bering Sea coast. The company’s primary focus is the development of the Amaam Coal Project, which comprises two controlled licenses: Amaam and Amaam North. These deposits are well-positioned large coking coal projects, reflecting the company’s strategic focus on identifying, exploring, developing, and mining coal resources in this region12.
In its operations, Tigers Realm Coal is engaged in producing both coking and thermal coal. Coking coal, also known as metallurgical coal, is a key raw material in steel manufacturing, while thermal coal is primarily used for power generation. The company’s activities in exploring and developing coal deposits are crucial for supplying these essential commodities to the global market3.
Tigers Realm Coal has a modest-sized operation, with 5 employees across 2 locations, but it managed to generate significant revenue, reporting $185.78 million in annual revenue for the fiscal year 2022. This financial performance indicates the company’s effective management and strategic focus on its core operations4.
In summary, Tigers Realm Coal is a niche player in the global coal industry, focusing on the exploration and development of coking and thermal coal deposits in Russia. Its strategic location and operational focus position it as an important contributor to the global coal supply, particularly in the steel manufacturing and power generation sectors.