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Canadian Royalty Trust - Coal Resources Also see Canadian Royalty Trusts Currently, there are a few Canadian royalty trusts that play on coal related resources. Below is a list. You are welcomed to contact us to suggest other companies that invest in coal resources in Canada. Fording Canadian Coal Trust Unit of Income Trust (NYSE: FDG) Fording Canadian Coal Trust operates as an open-ended mutual fund. It invests in metallurgical coal, industrial minerals mining, and processing operations. The Trust, through its wholly-owned subsidiary, Fording, Inc., holds a 60% ownership of Elk Valley Coal Partnership and is the producer of the industrial mineral wollastonite. It also holds a 100% interest in NYCO. The Trust’s metallurgical coal operations process primarily metallurgical coal, principally for export. Its industrial minerals operations process wollastonite and other industrial minerals from two operations in the United States and one operation in Mexico. The primary product of its metallurgical coal operations is hard-coking coal. It owns Fording River, Coal Mountain, Elkview, Line Creek, Greenhills, and Cardinal River mines. Its principal markets are Asia and Europe. NYCO operates a mineral processing plant. Its processing facilities include dry processing equipment, a surface treatment plant, warehouse space, and truck and rail loadout facilities. The mining operation consists of the active Lewis Pit and the permitted Oak Hill deposit. As of December 31, 2004, the Trust’s total metallurgical reserves were 710 millions of tons and total thermal reserves were 3 million tons. Fording Canadian Coal Trust was formed in 2003 and is headquartered in Calgary, Canada. Please visit below for an excellent report on Canadian Royalty Trusts. Canadian Royalty Trusts - Report
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