L & L Energy's Participation in the Coal Consolidation Process Reaffirmed by Guizhou Provincial Vice Governor

SEATTLE, Aug. 12, 2011 /PRNewswire/ -- L & L Energy, Inc., (Nasdaq: LLEN) ("L&L" or the "Company"), a U.S.-based company since 1995 with coal mining and distribution businesses in China, today announced that the Company and the Guizhou provincial government's Vice Governor, Sun GuoQiang, and its Energy Bureau Chief, met on August 9, 2011 and August 4, 2011 respectively, wherein both government offices provided encouragement and support to L&L's quest to become a leader in Guizhou's coal consolidation efforts.

The Vice Governor gave a detailed overview of the coal consolidation process in the Guizhou Province, and encouraged L&L's continued participation as a leader in the Guizhou coal industry. The Vice Governor noted that most of the coal operations in the Province are locally owned and operated, and that L&L holds a strategic advantage as a US public listed company with various operations in the Guizhou and Yunnan Provinces, as well the US. Governor Sun also emphasized L&L's operational capabilities in China and the U.S., strong management team, and past successes in consolidating vertically integrated mining operations in China. L&L's consolidation team going forward will be lead Dr. Syd Peng, a world renowned expert in underground mining, and current L&L board member.

In April of 2011, the Guizhou Government issued an order for accelerating the consolidation of coal mining companies operating in the Province. The goal is to reduce the number of smaller operating mines by asking leading mining operators to acquire these smaller mines. Consolidators would upgrade these existing operations by increasing capacity and mechanization, as well as strengthening safety practices.

L&L's Chairman and CEO, Dickson Lee, commented, "I thank Vice Governor Sun for his hospitality and encouragement to L&L,  the support of both the Vice Governor and Energy Bureau is important in reaching our goal of at least 2 million tons of mining capacity in the Guizhou Province by the end of 2013. I look forward to working with the Vice Governor and the Energy Bureau to improve safety and increase productivity in the province. Taking an active role in the consolidation process creates enormous opportunity for L&L's operations and would result in increased revenue and earnings per share. We are thankful for the provincial government's continuing support and endorsement as we expand our business."

A copy of Guizhou Energy Bureau's letter dated on August 4, 2011, which welcomes L&L's participation in acquiring other existing mines, and a photo of Governor Sun and L&L Chairman Dickson Lee are available on L&L website.

Forward-Looking Statements

The statements contained words that are not historical fact, including statements related to Company's future performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties. Actual results of the future events described in this document could differ materially due to numerous factors and other made by the company filing with the Securities and Exchange Commission. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contacts:
L&L Energy, Inc.
(206) 264-8065
[email protected]

SOURCE L & L Energy, Inc.