Fording Canadian Coal Trust
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Fording Canadian Coal Trust (TSX: FDG.UN, NYSE: FDG) is a Canadian-based royalty trust which owns a 60% stake in the Elk Valley Coal Partnership which in turn produces hard-coking metallurgical coal to support steel production. Fording is listed on the S&P/TSX 60 index.
The trust was formed in 2003 to assemble various assets from Luscar/CONSOL Joint Ventures, Teck Cominco, and the former Fording Inc. which was originally a unit of Canadian Pacific until October 2001.[1]
Boyd Payne is President of the trust.