CAP is a Chilean holding company of the
mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...
and
steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...
sectors.
[https://www.fitchratings.com/entity/cap-sa-80360935 ] These sectors are represented by different affiliates.
The first stage is done through
Compañía Minera del Pacífico and involves the extraction and concentration of iron ore from the company's deposits in northern Chile. This production is sold as raw material between steel producers, mainly in the Asian market (
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
,
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
,
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
,
Korea
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic o ...
and
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
).
The second stage is done through
Compañía Siderúrgica Huachipato and involves the use in Chile on behalf of CAP for the production of iron ore to produce flat and long steel, for the most varied industries.
The third and final phase of CAP's activity, using in turn part of steel production, is the development of solutions in steel, processed by subsidiaries in Chile, for use in
construction
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and com ...
,
industry and
infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...
solutions that also marketed by subsidiaries in other countries of our region. This stage of CAP's activity is through
Cintac S.A. and
Intasa S.A. and their respective subsidiaries.
CAP is listed on the
Santiago Stock Exchange in the
IPSA index.
References
{{Authority control
Investment companies of Chile
Chilean companies established in 1946
Mining companies of Chile
Steel companies of Chile
Companies established in 1946
Companies based in Santiago
Companies listed on the Santiago Stock Exchange