ARCHIVE

L&L expands on pact with Datang

US-BASED and China-focused miner L&L Energy has signed a deal to provide 1 million tons per annum...

Donna Schmidt

The updated agreement is an increase on its existing contract, which the two signed last October for 36,000 tons of coal over a 10-month period for the Heshan plant in Guangixi.

L&L had commenced Datang’s shipments in January under the original deal.

The last 24 months in L&L’s history have been quite active.

Earlier last year the producer secured its first coal processing facility at ShinPingBa rail station in Guizhou.

Also, in preparing for extended coal sales to Datang, L&L recently completed a coal processing center at the Zhazuo Rail Station, also in Guizhou.

Both will help the company secure additional coal with coal blending and loading capability as it continues to grow.

Company chairman and chief executive officer Dickson Lee called the agreement an endorsement that its important customers were satisfied with L&L's service and coal quality.

“Wholesaling coal to customers like the Datang, one of China's largest power generators, is an important driver to our growth,” he said.

“We look forward to further expanding our distribution network for additional revenue and bottom line growth."

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets