Coal mining causes surface subsidence, resulting in the loss of phosphorus from the soil surface and affecting crop growth. To provide a basis for the reclamation of soils in coal mining subsidence areas, using the Suntuan mine area in Huaibei City as an example, indoor soil cultivation experiments were conducted to investigate the effects of applying different types of phosphate rock powders (mechanically activated and nonmechanically activated), active minerals (zeolite, kaolin, bentonite) and phosphorus solubilizing microorganisms (Pseudomonas fluorescens, Aspergillus niger) on soil pH, available phosphorous content, and the conversion of soil phosphorus fractions. The results showed that the combined action of phosphate rock powder and phosphorus solubilizing bacteria could significantly improve the soil acidic environment. The application of phosphate rock powder, active minerals, and phosphorus solubilizing microorganisms can promote the release of available phosphorous in soil, and Aspergillus niger has a better effect than Pseudomonas fluorescens. Soil content of H₂O-P, NaOH-Pi, NaHCO₃-Pi, and HCl-P increased, NaOH-Po decreased, and some treatment groups had reduced Residual-P content. Together, phosphate rock powders, active minerals, and phosphorus solubilizing microorganisms can mitigate soil acidification, promote soil phosphorus release, result in the transformation of soil phosphorus fractions, and improve phosphate fertilizer utilization.