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Compañía de Acero del Pacífico

The Compañía de Acero del Pacífico, also known by its acronym CAP, is the main iron and steel industry of Chile with its main facilities at Huachipato near the port of Talcahuano in Bío Bío Region.

Compañía de Acero del Pacífico S.A.
Sociedad Anónima
Traded asBCS: CAP
IndustryMining & Siderurgy
Founded1946
Headquarters,
Key people
Roberto de Andraca, (Chairman)
Jaime Charles Coddou, (CEO)
ProductsIron & Steel
RevenueDecrease US$ 2.4 billion (2012)
Decrease US$ 327.5million (2012)
Number of employees
4,067
Websitewww.cap.cl

As result of Allende's nationalization of the mining industry in the early 1970s Compañía de Acero del Pacífico obtained ownership of the iron mine of El Tofo. Later the ownership of this mine passed to Compañía Minera del Pacífico as it was privatized during the Pinochet dictatorship.[1]

ReferencesEdit

  1. ^ "Historia de la mina de hierro El Tofo". Museo Histórico Gabriel González Videla (in Spanish). Servicio Nacional del Patrimonio Cultural. 2019-12-01.

Coordinates: 29°27′S 71°15′W / 29.45°S 71.25°W / -29.45; -71.25


ReferencesEdit