CEO Dickson Lee’s loan will be used to enhance L&L’s logistical capabilities and fulfill larger contracts with increased capacity.

One of those deals, for 360,000 tons, was signed by the company recently with large Chinese utility Datang Power following a successful trial run.

“My confidence in L&L's success has never been higher,” Lee said.

“I am happy to loan the company my personal funds, now and in the future if needed, to fuel its growth in way that minimizes dilution to our shareholders.”

The company did not specify the terms of Lee’s loan.

Last week, Seattle-headquartered L&L sealed another joined effort for its Chinese growth with Taggart Global division Taggart (Beijing) Engineering.

Under the mutually beneficial alliance agreement, L&L will jointly build facilities with Taggart, allowing both to grow their coal businesses by utilizing the other’s benefits.

Pennsylvania-based Taggart Global is an engineer and constructor of environmental-friendly coal washing and loading plants. Its past clients have included Anglo Coal, Peabody and Shenhua.