L&L Energy (LLEN +7%) signs a long-term sales contract with Guodian Yongfu Power Generation...

|By:, SA News Editor

L&L Energy (LLEN +7%) signs a long-term sales contract with Guodian Yongfu Power Generation Co. Under the agreement, LLEN will provide 20,000 tons of thermal coal per month over the next eight months to Yongfu Power, and the contract can be extended. The agreement is expected to generate ~$19M in revenue.