Luda Technology Group Ltd (LUD) Form 6-K — Oct 21, 2026
Luda Technology Group announced agreements with two Chinese customers to supply an aggregate 440,000 metric tons of Mongolian thermal coal over one year, marking its entry into commodity trading beyond its core steel flanges and fittings business. Luda will act as trading intermediary, sourcing coal from Tsogttsetsii in Mongolia's South Gobi Province under a supply agreement. Pricing is not fixed; each batch will be priced at market before shipment. The company frames coal trading as the first step toward a broader cross-border commodity platform, evaluating fluorspar, tungsten, iron ore and copper.
Key figures
- Contract duration
- one year (through October 14, 2027)
- Number of customers
- 2
- Total coal volume metric tons
- 440000
- Volume per customer metric tons
- 220000
- Volume through nov 2026 metric tons
- 40000
AI analysis
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