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CAP at a glance
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Business segments
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2030 Strategy
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Sustainability
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Corporate governance
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Business Segments

Mining

This segment focuses on the extraction and processing of essential minerals and plays a vital role in supplying raw materials critical to various industries.

CMP: Leading the high-grade iron ore market

The mining company has significant potential to become a major player in the high-grade iron ore market (+67%), where it currently represents approximately 3% of global supply. To meet these ambitious goals, strategic initiatives have been developed to increase Life of Mine (LOM) and enhance product quality and production capacity, focusing on optimization, stabilization, and continuity of operations.

Aclara: Leaders in heavy rare earths

With a 10.2% stake in Aclara Resources, CAP indirectly gained ownership in the Carina Project in Brazil and a rare earth separation project in the U.S.
Together with Aclara, CAP will develop the heavy rare earths business in Chile and Brazil through an innovative and pioneering “Circular Mineral Harvesting” process, which offers environmental advantages over traditional mining:

  • It does not use explosives, does not require crushing or grinding processes, and does not generate liquid waste or massive tailings from mineral processing.
  • It uses only recycled water and recirculates more than 90% of it.
  • The closure phase includes revegetating the areas affected by extraction and disposal activities.

Industrial

The industrial segment of CAP Group encompasses a wide range of operations aimed at providing innovative and sustainable solutions in various sectors. These companies contribute to the Group’s commitment to innovation, sustainability, and the development of high-quality industrial solutions.

REE Alloys

REE Alloys is a joint venture between Aclara and CAP Group, created to capitalize on CAP’s extensive experience in industry and metallurgy. Its mission is to develop higher value-added products based on iron and rare earth alloys. Operating from Chile, REE Alloys seeks to drive industrialization in a key part of the value chain for products such as permanent magnets, renewable energy components, and electric mobility technologies.

Huachipato 2.0

CAP Group’s commitment to the Biobío Region remains strong. The company will continue to invest in the region and work to position it as a hub for development and growth. To achieve this, CAP is designing Huachipato 2.0, a forward-looking initiative that envisions four key development zones:

  1. Logistics Hub: This zone will enhance the capabilities of the existing bulk port, which benefits from excellent connectivity, including rail access and proximity to the airport. These advantages position it well to handle increased international trade from the region, and to strengthen CAP’s port operations.
  2. Industrial Hub: This zone will foster the development of industries focused on critical materials for decarbonization in Chile and globally.
  3. Innovation and Entrepreneurship Hub: Designed to promote innovation, technology transfer, and entrepreneurship, this space will enable collaboration among public, private, and academic sectors. It will offer facilities to support startups, industrial development, and new processes.
  4. Ecological Conservation Area: The area’s valuable natural ecosystems, wetlands and green zones rich in biodiversity, will be preserved and protected as part of the initiative.

Cintac Group

Cintac Group continues to lead the way in industrialized construction and modular building solutions, with a focus on minimizing environmental impact, supporting the mining sector, and addressing the housing shortage in Chile and Peru.

In 2024, Cintac finalized the acquisition of 100% of Promet, reaffirming its commitment to efficiency and adaptability in modular construction. In the area of construction solutions, the company partnered with various municipalities to complete the development of a prototype for sustainable and accessible modular housing.

Infrastructure

This business unit focuses on developing initiatives that add value by creating competitive advantages, positioning these companies as the best service providers for both CAP’s own business units and external clients operating in the same regions. The three companies that make up this segment have significant growth potential in desalinated water, cargo logistics, and renewable energy, areas where demand continues to rise.

Aguas CAP

CAP Group reaffirmed its commitment to this business by acquiring full ownership of Aguas CAP in 2024. A major expansion is planned, increasing production capacity from 400 to 600 liters per second.

Puerto Las Losas

Puerto Las Losas has made progress in securing new commercial agreements that will allow it to fully utilize its cargo capacity. In addition, the port has formalized an agreement with Australian mining company Hot Chili to explore options for using the port’s facilities to export copper concentrate.

tecnocap

Tecnocap is currently advancing the engineering design for two photovoltaic parks near CAP Group’s operations: Candelaria Solar and Valle Solar, which will have installed capacities of 165 MW and 150 MW, respectively.

Beyond solar, Tecnocap is also exploring other renewable energy ventures, including wind power and energy storage projects. One such initiative is the development of a Battery Energy Storage System (BESS) to ensure a stable supply of non-conventional renewable energy to the National Electric System (SEN).