Luda Technology Group Announces Entry into Mongolia-China Coal Trading Business and Long-Term Commodity Trading Strategy
Luda Technology Group announced its entry into Mongolia-China coal trading, agreeing to supply two Chinese customers a combined 440,000 metric tons of Mongolian thermal coal over one year. The agreements mark an expansion into commodity trading and support a broader strategy focused on energy, metals, and marketable mineral products.
Why it matters — LUD watchers may note the company is expanding beyond its steel flange and fittings business into commodity trading through significant coal-supply agreements.