Chile's CAP Group expects to resume Guacolda port operations

Friday, 05 April 2019 00:20:26 (GMT+3)   |   Sao Paulo

Chilean mining and steelmaking company CAP Group said it could resume operations at its Guacolda port in September this year, according to a document filing at the nation’s securities exchange commission.

The port, located at the nation’s Huasco region, was shut down in November 2018, following a deadly iron ore ship-loading incident. The Guacolda port is a CAP Group’s port for shipping pellets and pellet feed products.

CAP Group said it plans to install provisional ship-loading equipment to replace the former equipment, which was damaged during the incident. The equipment would be used provisionally for two years, at which time the port would resume full operations.

CAP Group said a pellet plant near Bahia de Santa Barbara, which is about 2.5 miles from the Guacolda port, commenced a scheduled maintenance program. It resumed operations on April 1. 

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