Leading producer of iron ore and pellets along the Pacific coast of the Americas. Its products are exported and used as high-quality iron ore for steelmaking. The company’s strategy focuses on increasing total iron production and reinforcing its leadership in the high-grade iron ore market by 2030, a material that plays a crucial role in the decarbonization of the steel industry.
Through its agreement with Aclara, CAP Group acquired a 28% stake in the rare earth extraction project that the Canadian firm is developing in Penco, Chile.
In addition, CAP holds a 10.2% indirect ownership in Carina, Aclara’s flagship project in Brazil focused on heavy rare earths, and is also involved in a rare earth separation project in the United States.
From the alliance with Aclara, REE Alloys is a 50-50 joint venture that will develop value-added products using iron and rare earth alloys. These alloys are used to manufacture permanent magnets, which are essential components for electromobility.
CAP Group’s commitment to the Biobío Region remains strong. While its non-steelmaking operations such as port logistics and limestone production continue, Huachipato 2.0 seeks to transform the steelmaking operation into an integrated development ecosystem composed of four strategic hubs: Logistics Hub, Industrial Hub, Innovation and Entrepreneurship Hub and Ecological Conservation Area
This vision seeks to reestablish Huachipato as a key engine of regional and national development.
This subsidiary designs industrialized and sustainable construction solutions that improve quality of life, reduce costs and waste, shorten construction times, and enhance energy efficiency. These solutions are applicable across mining, housing, construction, and energy sectors, among others.
Desalination company focuses on supplying water to both the mining industry and local communities in Chile’s Atacama Region. In 2024, CAP Group consolidated 100% ownership of Aguas CAP.
CAP is Chile’s third-largest port operator. Its ports handle a variety of cargo, mainly minerals, and are strategically located across the country.
Tecnocap owns a power transmission line in the Atacama Region, which supplies energy to Cerro Negro Norte (operated by CMP), the Aguas CAP desalination plant, and other ongoing energy projects.
