China is by far the world’s largest consumer of coal resources, with an annual consumption  accounting for nearly one third of the planet’s
coal use.  Unlike the US, China has little oil reserves or natural gas. Thus, coal serves as the major source of energy in China. Over 70%
of China’s energy comes from coal. Reserves in the country are plentiful, but China needs improved management skills to extract more
coal from its existing mining facilities. L & L possesses the analytical skills to improve coal mining standards in China, giving L & L a
competitive edge in the industry. With China's economy growing approximately 10% annually, demand for coal and other energy sources  
has historically outstripped supply. Demand in China continues increasing 13% annually since 2004, while supply has only increased 7%.
Chinese Energy Market
Demand for "coking coals" has similarly risen. Cleaner
burning and more energy efficient than traditional
burning coals, coking coals are used in the production of
steel and heavy irons that are the building blocks of
China’s exploding physical infrastructure, the growth of
which is most evident in the fast growing centers of
Beijing and Shanghai. China produced a total of 400
million tons of steel, a number that has grown at an
annual percentage of over 20% since 2003. China's
steel production is expected to reach 550 million tons by
2010, and its consumption is forecasted to account for
40% of global consumption. Whether the demand for
coal consist of traditional burning coals to support basic
energy needs, or coking coal to fuel the massive growth
in China's economic and physical infrastructure, the
demand in China continues to grow.
Investors visit on-site at Weishe Mine
L&L Enters New Energy Initiatives with CLCIIC in Beijing