2023 INTEGRATED REPORT

04

Operational
Performance 2023

CMP

Potential to nearly double current production levels by 2040

High ore grade that enables higher quality products: target of Pellet Feed with 69% Fe

Development of Huasco Valley:

  • Potential increase of 5 MM tons per year
  • Life of Mine (LOM) of Los Colorados to 2050
  • Algarrobo and Alcaparra satellite deposits

Development of Elqui Valley

  • Potential increase of 9 MM tons per year
  • LOM of El Tofo: 25 years

During the fiscal year,
CMP achieved
the company's highest
historical production,
exceeding 17 million tons.

Potentially exceptional

Volume growth,
life extension
and product quality,
factors that enable
CMP to become
a world leader
in high-grade
iron ore products.

CSH

In 2023, CSH worked
on the production
of high-strength
steels for construction,
which can reduce
the consumption
of this material
in infrastructure projects
and other industries
by 20% to 23%.

Implementing operational excellence

  • Optimizations in Blast Furnace 2 to achieve steel production efficiency.
  • Partnership with SMS, a world leader in metallurgical engineering and technology, for the development of a green steel pilot plant.

Transforming construction and driving growth

  • Innovation in thermally efficient industrialized housing through external structures and modular solutions
  • Become a leading partner to customers in digitized construction through early integration with Construction and Design Information Management tools for Fabrication and Assembly.
  • Consolidation of regional markets, with the objective of strengthening and growing EBITDA

Cintac Group

During the year under review, Cintac Group worked on a redefinition of the corporate strategy through different instances, reaching three strategic pillars:

  • Industrialization of construction
  • Environmental impact
  • Housing shortage

Infrastructure

Experience, diversification
and clean energy

  • Generate solar energy options with potential capacity of 400 MW
  • Feasibility studies for new water desalination plant in Huasco by 2024
  • Possible expansion of PLL for a second terminal for iron ore and other bulk cargoes

Sustainable services for
water, ports, and energy
enabling access to
strategic resources.

TASA

Development of products for the industrial sector in Argentina and other export markets, supported by investments for the optimization of production processes.

CAP S.A.

Oficinas Generales: Gertrudis Echeñique 220, Las Condes,
Santiago, Chile. | Central : (56-2) 2818 6000.

www.cap.cl

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