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. As result of Allende's

nationalization Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to pri ...

of the mining industry in the early 1970s Compañía de Acero del Pacífico obtained ownership of the iron mine of El Tofo and

El Romeral El Romeral is a municipality located in the province of Toledo, Castile-La Mancha, Spain. According to the 2006 census (INE INE, Ine or ine may refer to: Institutions * Institut für Nukleare Entsorgung, a German nuclear research center * In ...

. Later the ownership of this mine passed to

Compañía Minera del Pacífico CAP is a Chilean holding company of the mining and steel sectors.https://www.fitchratings.com/entity/cap-sa-80360935 These sectors are represented by different affiliates. The first stage is done through Compañía Minera del Pacífico and inv ...

as it was privatized during the Pinochet dictatorship.

References

{{DEFAULTSORT:Compania de Acero del Pacifico Ironworks and steelworks in Chile Manufacturing companies established in 1946 Steel companies of Chile Companies based in Biobío Region Mining companies of Chile Chilean companies established in 1946 Iron mining in Chile Companies listed on the Santiago Stock Exchange es:Compañía de Acero del Pacífico