Filed by Filing Services Canada Inc.  403-717-3898











SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549


FORM 6-K


REPORT OF FOREIGN PRIVATE ISSUER


PURSUANT TO RULE 13a-16 OR 15d-16 OF


THE SECURITIES EXCHANGE ACT OF 1934



Dated June 21, 2004



Fording Canadian Coal Trust
(Translation of Registrant's Name Into English)


Suite 1000, 205-9th Avenue SE

  Calgary, Alberta Canada  T2G 0R4

(Address of Principal Executive Offices)


(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)


Form 20-F ______

Form 40-F ___X___



(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)


Yes ______

No  __X__


(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________.


This report furnished on Form 6-K shall be incorporated by reference into each of the Registration Statements under the Securities Act of 1933 of the registrant.










SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



FORDING CANADIAN COAL TRUST




June 21, 2004

By:          /s/   James F. Jones           


     James F. Jones

     Corporate Secretary









Exhibit Index



The following is a list of Exhibits included as part of this Report on Form 6-K.


Description of Exhibit

Number


Press Release entitled "Fording Provides Synergies Update"


                                                                                                              Exhibit                   99










June 21, 2004



Via Edgar


Securities and Exchange Commission

450 Fifth Street N.W.

Washington, D.C. 20549


RE:

Fording Canadian Coal Trust File NO. 1-15230

Form 6-K Report dated June 21, 2004


Dear Sir or Madam:


On behalf of Fording Inc. transmitted herewith for filing under the Securities and Exchange Act of 1934, as amended, is the Company's Report on Form 6-K.



Yours truly,



James F. Jones

Corporate Secretary


Attachments









For Immediate Release


FORDING PROVIDES SYNERGIES UPDATE



CALGARY, June 21, 2004 – Fording Canadian Coal Trust (TSX: FDG.UN, NYSE: FDG) today announced that it has received the final opinion report of the independent expert in respect of the synergies of Elk Valley Coal Partnership for the coal year ending March 31, 2004.  The report indicates that sufficient synergies have been realized such that the Trust's interest in the partnership would be reduced to 60% effective April 1, 2004.


The Trust and Teck Cominco are reviewing the report.  If either partner does not accept the conclusions contained in the report, any outstanding dispute is to be settled by arbitration. Accordingly, the actual change in the Trust's ownership of the partnership will not be finalized until this review process is completed.


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 subsidiary, Fording Inc., holds a 65% ownership interest in the Elk Valley Coal Partnership and is the world's largest producer of the industrial mineral wollastonite. Elk Valley Coal Partnership, comprised of Canada's senior metallurgical coal mining properties, is the world's second largest exporter of metallurgical coal, capable of supplying approximately 25 million tonnes of high-quality coal products annually to the international steel industry.


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For further information contact:


Catherine Hart

Coordinator, Investor Relations

Fording Canadian Coal Trust

Ph. 403-260-9817

Email: catherine_hart@fording.ca