THAILANDSICThailand Standard Industrial Classification

TSIC Activity

07299

Mining of other non-ferrous metal ores, not elsewhere classified

การทำเหมืองแร่ นำเข้า ส่งออก และจำหน่ายสินแร่โลหะ อโลหะ รวมทั้งการปรับปรุงคุณภาพแร่

What this activity covers

This activity involves the mining and processing of various non-ferrous metal ores not classified elsewhere.

  • Mining operations — Extraction of non-ferrous metal ores
  • Dressing of ores — Processing of mined non-ferrous metals
  • Smelting activities — Refining non-ferrous metals
  • Mineral processing — Processing minerals for various uses
  • Importing and exporting — Trade of metal and non-metal ores

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Quality inspection services — Assessing minerals and metals quality
  • Excavation services — General excavation related to mining

Not included here

  • Uranium and Thorium Mining See Activity 07210
  • Production of aluminium oxide, see activity 24202
  • Production of copper surface finish. See activity 24204.
  • Production of nickel finish, see activity 24209

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 07

Mining, including rock blasting or rock crushing

Mineral concessions are separately governed by the Minerals Act, which carries its own nationality requirements.

FBA B.E. 2542, List 2, Chapter 3 (12)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

350
active companies operate here
฿16.9Bregistered capital, combined
฿36.6B
Sector revenue · 2025
+69% since 2023
฿1.2B
Net profit · 2025
76 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
32%of new registered capital is foreign-held
฿9.0M foreign฿18.9M Thai

Foreigners are strongly represented in new investment under this activity.

New in 2026

9+125.0%

registrations, YTD

Registered capital

฿16.9B-1.2%

since year-end

Largest by registered capital

  1. 1Grace Group Holding Co., Ltd.Pathum Thani฿5.0B
  2. 2Great Merit Construction Co., Ltd.Pathum Thani฿1.5B
  3. 3Sika New Materials (Thailand) Co., Ltd.intlKanchanaburi฿1.4B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

19
Registered
since 2022
19
Still active
0
Dissolved
฿3.0M
Median capital
of active

New registrations per year

2022peak 5 in 20242026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand