The company said it is able to begin developing additional coal storage space and growing its distribution network with this additional trading entity.
Dashin L&L Coal is the third coal wholesale operation under L&L Energy, which currently owns and operates two wholesale businesses in the neighboring Yunnan province.
L&L Energy chairman and CEO Dickson Lee said establishing Dashin is an integral part of L&L’s expansion plans going forward.
"This new coal wholesale network in Guizhou will increase our visibility and assist with future acquisitions," Lee said.
