Fording River

Fording River Operations is one of our four steelmaking coal operations located in the Elk Valley of British Columbia.

About Fording River

Fording River Operations is located approximately 29 kilometres northeast of the community of Elkford, in southeastern British Columbia. It is one of our four steelmaking coal operations in the Elk Valley.

Fording River produces steelmaking coal – also called metallurgical coal or coking coal —which is used to make steel. We export the processed coal by sea to the Asia-Pacific region and elsewhere. This involves the shipment of the steelmaking coal from the mine site to bulk port terminals in Vancouver by rail. It is then loaded on to larger seagoing vessels, which carry it to our target markets.

The current annual production capacities of the mine and preparation plant are approximately 9.0 million and 9.5 million tonnes of clean coal, respectively.  Proven and probable reserves at Fording River are projected to support mining for a further 38 years.

Coal Business Unit Operating Results

($ in millions)

2021

2020

2019

Revenues

$6,251

$3,375

$5,522

Gross Profit

$2,785

$277

$2,112

Gross Profit before depreciation and amortization1

$3,657

$1,009

$2,904

Production (million tonnes)

24.6

21.1

25.7

Sales (million tonnes)

23.4

21.9

25.0

Notes:
1 This is a non-GAAP financial measure or ratio. See "Use of Non-GAAP Financial Measures and Ratios" section of the Management's Discussion and Analysis for further information. 

Dust Management in the Elk Valley

We take extensive measures to monitor and manage dust at our operations and are working to identify new methods to improve dust management and air quality.

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