CAP Group, whose establishment goes back to 1946, has always been committed to Chile’s progress through the development of the different activities that make up its value chain, from iron ore mining to steelmaking and steel processing.
1946
Compañía de Acero del Pacífico S.A. is formed during the administration of President Juan Antonio Ríos
1950
The Huachipato Steel Plant is inaugurated and commissioned in the bay of San Vicente, region of Biobío
1959
Mining activities begin with the acquisition of “El Algarrobo”, iron ore site in the region of Atacama
1971
The iron ore mine “El Romeral”, in the region of Coquimbo, is acquired.
1978
The Pellet Plant in Huasco is inaugurated.
1981
The Company is reorganized, forming the CAP group of companies. Compañía Siderúrgica Huachipato S.A., Compañía Minera del Pacífico S.A. and Abastecimientos CAP S.A. are created.
1988
Sociedad de Ingeniería y Movimientos de Tierra del Pacífico Limitada (Imopac Ltda.) is created.
1995
CAP signs a joint venture agreement with MC Inversiones Limitada, a Mitsubishi Corporation subsidiary, for developing the extension project of Los Colorados.
2000
CAP acquires 26% of CINTAC, entering the steel processing business
2010
The incorporation of Mitsubishi Corporation to CMP is materialized, with a participation of 25%.
2013
Compañía Siderúrgica Huachipato S.A.’s productive activities are restructured, focusing on the manufacture of long products and halting the manufacture of flat.
2014
The area of Infrastructure is created with the inauguration of the Desalinization Plant and the Power Transmission Line.
2018
Cintac S.A. consolidated its presence in the Peruvian market through the acquisition of Calaminon, Signovial and Sehover, with activities in the sectors of modular construction solutions and road equipment and maintenance
2020
The development of Phase V North in El Romeral mines is approved
2021
CAP Group achieves record earnings and issues a bond for US$300 million in the United States.
1946
1950
1959
1971
1978
1981
1988
1995
2000
2010
2013
2014
2018
2020
2021