What does fording canadian coal trust mean?
Definitions for fording canadian coal trust
ford·ing cana·dian coal trust
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Wikipedia
Fording Canadian Coal Trust
Fording Canadian Coal Trust (NYSE: FDG; TSX:FDG) was a Canadian-based royalty trust which owned a 60% stake in the Elk Valley Coal Partnership (EVCP), which in turn produced hard-coking metallurgical coal, primarily for steel production, at its facility in Elk Valley, British Columbia. Through the EVCP it also owned a 46% interest in Neptune Bulk Terminals (Canada) Ltd., which operates a dedicated coal berth at the Port of Vancouver. Its market capitalization was $11-billion USD in 2008.The trust was formed in 2003 to assemble various assets from Luscar Ltd./CONSOL Energy Canada Ltd. joint ventures, Teck Cominco Ltd., and the former Fording Coal Ltd. (which was originally a unit of Canadian Pacific Railway until October 2001).On July 29, 2008, Teck Cominco announced an agreement with Fording to purchase 100% of its assets; Teck Cominco had been the minority owner of the Elk Valley Coal Partnership, with a 40% stake. The purchase was closed on October 30, 2008, with a final cost of $14-billion USD to Teck. Elk Valley Coal Corporation will be renamed Teck Coal Limited.
Numerology
Chaldean Numerology
The numerical value of fording canadian coal trust in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of fording canadian coal trust in Pythagorean Numerology is: 6
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"fording canadian coal trust." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/fording+canadian+coal+trust>.
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