The flotation effect of lean coal is crucial for its clean utilization. Therefore, the flotation characteristics of difficult-to-float lean coal were studied. The analysis results of the feed properties showed that the ash content of the feed was high and the particle size was very fine. The minerals in the gangue mainly included sericite, kaolinite, quartz, white mica, and other substances. After flotation, the functional groups of the coal particles in the tailings decreased, and the absorption peak intensity weakened. Furthermore, the results of multi-factor flotation experiments showed that the dosages of the collector and the frother were significant factors affecting the yield of clean coal. The clean coal yield gradually increased with an increase in the two factors. The ash content of the clean coal increased with an increase in the frother dosage. Within the range of feed concentrations used in this work, the feed concentration was not a significant factor affecting the clean coal’s yield and ash content. Prediction models for the clean coal yield and ash content were proposed. Under optimized experimental conditions, the clean coal yield and the flotation perfection index were 72.15% and 46.63%, respectively, indicating a good flotation effect.