2022 Integrated Report /
Sustainable growth

09

SUSTAINABLE
GROWTH

CAP seeks to grow through new businesses, contribute to the mining sector through the use of alternative fuels, development of new processes based on renewable energies for the production of green iron and steel, solutions to contribute to the housing deficit, among other focuses. Moreover, it strives to boost its business through differentiating products that satisfy the needs of its customers.

%
Employees

%
Amount retained by the company

%
Collaborating companies

%
State

¡

Economic value
generated

%
Financers

%
Direct operational costs

%
Shareholders

million

of dollars invested in innovation

489,0

Taxes paid

Operating
company
Tool Periodicity Customer
satisfaction (%)
Coverage
(%)
CMP SSINDEX Annual 95% 93%
CSH Own study Annual 84% 100%
TASA SSINDEX Annual 82% 66%
Puerto Las Losas SSINDEX Annual 80% S/I
Aguas CAP SSINDEX Annual 84% 100%

Note 1: CSH applies a customer satisfaction study by the Industrial Marketing Center of the Universidad de Chile, which will be carried out during the first half of 2023. The survey will be done by an external institution that provides confidentiality and objectivity regarding the answer received from mining metal-mechanic and construction strategic customers. / Note 2: Results are not included for CINTAC Group.

Pellet Plant filtered tailings deposits

In order to give it continuity and transform it into a more sustainable operation, CMP developed the Filtered Tailings deposit, whose aim is the implementation of a permanent and sustainable solution for its tailing’s disposal on land during the remaining service life of the Pellet Plant in Huasco.

See more on the project website:

Green Hydrogen (H2V) Project

The project will be a step towards decarbonization in the production of steel, by adding hydrogen to the blast furnace through the injection of cold hydrogen, replacing coke as fossil fuel and reductor, thus achieving an emission reduction of up to 17,000 tons of CO2 per year by 2026.

In May 2022, CORFO signed an agreement with CAP to finance the green hydrogen project with US$ 3.6 million. In this context, in order to promote renewable energy development, CAP has committed to innovate in the design of an H2V prototype plant in Talcahuano, to study the possibility of producing green hydrogen by 2030 and substantially reducing Siderúrgica Huachipato’s carbon footprint.