June 18, 2010 (FinancialWire) — L & L Energy, Inc. (NASDAQ: LLEN), a U.S.-based company operating coal businesses in China, said that its third coal washing facility, which is located at L&L's Ping Yi Coal Mining facility, has become operational.

According to L&L, the facility has a 600,000 ton annual capacity. Ping Yi, a coal mine located in Guizhou Province of China, with annual coal mining capacity of 300,000 tons, has constructed the coal washing facility using its own capital. L&L said it expects the new washing facility, at full capacity, would generate around $78 million in revenue per year, based on a washed coal price of $130 per ton.

Washington-based L&L focuses on serving the energy needs of the Chinese market. L&L's China operations are headquartered in Kunming City of Yunnan Province, which operates three coal mines, three coal washing facilities, a coking facility, and a coal wholesale network in both Yunnan and Guizhou Provinces of China.

The firm has marketing offices in Shenzhen and Guangzhou of Guangdou Province and Taipei, Taiwan.  

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