L&L Reaches Coal Supply Agreement with Datang

Platts reported that L&L Energy (NASDAQ:LLEN) will supply 240,000 mT of thermal coal in a 12-month period to China’s Datang International Power Generation.

As quoted in the market news:

Datang will buy the coal at an average sales price of $130/mt, L&L said, without revealing when the contract would begin.

Click here to read the full Platts report.