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.

Proven and probable reserves at Fording River are projected to support mining for a further 42 years.

Coal Business Unit Operating Results

($ in millions)

2022 2021

2020

Revenue

$10,409 $6,251

$3,375

Gross profit (loss)

$6,401 $2,785

$277

Gross profit (loss) before depreciation and amortization1

$7,364 $3,657

$1,009

Production (million tonnes)

21.5 24.6

21.1

Sales (million tonnes)

22.2 23.4

21.9

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.

Our Stories

Innovation and Technology

Left: The Coal Supply Chain Integrated Operations project helps better connect operations with logistics and marketing, ensuring visibility across the entire coal supply chain.