
Compañía Minera del Pacífico S.A. (CMP)
Get all the information about Compañía Minera del Pacífico S.A. (CMP), a company operating mainly in the Mining & Metals sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Chile, which include Mining Companies. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.
Description:
Compañía Minera del Pacífico S.A. (CMP), the mining arm of Chilean iron ore and steel group CAP S.A., engages in iron ore production with properties in regions II, III and IV. Its operations are split into three production units — Valle de Huasco, comprised of the El Algarrobo and Los Colorados mines, as well as a pellet plant and the Guacolda II port; Valle del Elqui, made up of the El Romeral mine and Guacayan port; and Valle de Copiapo, comprising the Cerro Negro Norte mine, the Totoralillo port and a magnetite plant. The company produces pellet feed, iron ore pellets, pellets chips and granulated pellets. Through its subsidiary Sociedad de Ingeniería y Movimientos de Tierra del Pacífico Limitada (IMOPAC), the company provides mine operation services for third parties, as well as engineering services and surveys. CMP was founded in 1981 as a spin-off of CAP's mining business unit. It is controlled by CAP, with a minority stake held by M.C. Inversiones, a subsidiary of Japanese conglomerate Mitsubishi Corporation, which holds a 25% interest in the company. CPM is headquartered in the city of La Serena, in Coquimbo region (IV).
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