Elk Valley Coal Reaches New Four-Year Labour Agreement at Line Creek
23 Janeiro 2006 - 10:06PM
PR Newswire (US)
CALGARY, Jan. 23 /PRNewswire-FirstCall/ -- Fording Canadian Coal
Trust (TSX: FDG.UN, NYSE: FDG) today announced that Elk Valley Coal
and Local 115C of the International Union of Operating Engineers
agreed to a new four-year collective agreement at the Line Creek
operations in southeast British Columbia. The agreement covers the
period from June 1, 2005 to May 31, 2009. The Line Creek operations
have an annual production capacity of approximately 3.5 million
tonnes of coal. About Fording Fording Canadian Coal Trust is an
open-ended mutual fund trust. Through investments in metallurgical
coal and industrial minerals mining and processing operations, the
Trust makes quarterly cash distributions to unitholders. The Trust,
through its wholly owned subsidiaries, holds a 60% interest in the
Elk Valley Coal Partnership and is the world's largest producer of
the industrial mineral wollastonite. Elk Valley Coal, comprised of
Canada's senior metallurgical coal mining properties, is the
world's second largest exporter of metallurgical coal, supplying
high-quality coal products to the international steel industry. The
Trust's shares are traded on the Toronto Stock Exchange under the
ticker symbol FDG.UN and on the New York Stock Exchange under the
symbol FDG. DATASOURCE: Fording Canadian Coal Trust CONTACT: Susan
J. Soprovich, Director, Investor Relations, (403) 260-9834;
Catherine Hart, Investor Relations Analyst, (403) 260-9817; Email:
, Website: http://www.fording.ca/
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