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CAP S.A. has successfully completed the acquisition of Aclara Resources' 20% equity stake in REE Uno SpA, a Chilean subsidiary. This deal marks a significant move in the mining sector as it enhances CAP's portfolio in rare earth elements. The acquisition is aimed at strengthening the resources available for the Penco Module project. Aclara Resources continues to focus on its core operations post-transaction.
Company Information
Company
CAP S.A
Location
Santiago, Santiago Metropolitan Region, Chile
About
CAP S.A. is a leading mining and steel company in Chile, focusing on iron and copper production. The company is committed to sustainability and innovation in the mining sector. CAP operates primarily in the extraction, processing, and commercialization of iron ore. It plays a significant role in the global metal markets.
Santiago
BrazilManufacturingMiningPrecious MetalsMineralMining TechnologyManufacturing