Chilean iron ore producer Grupo CAP reported a net loss of $18.467 million for the third quarter of 2025, compared with a net loss of $7.011 million for the third quarter of 2024.
In the comparative analysis, net sales increased 14.9 percent to $502.6 million, and including production costs increased 17.31 percent to US$442.6 million, gross profit increased 0.32 percent to US$60.4 million and operating profit decreased 13.09 percent to US$17.0 million.
In volume terms, iron ore shipments fell 9.7 percent to 3.519 million tonnes, while iron ore production fell 16.4 percent to 3.296 million tonnes, average iron ore price fell 5.5 percent to $84.5 per tonne, with cash costs increasing 12.6 percent to $53.6 per tonne.
Following the cessation of steel production at Siderurgica Huachipato last year, the group's business operations are now focused on iron ore mining, steel processing and infrastructure.
In the first nine months of 2025, EBITDA was $246.0 million from iron ore, $12.9 million from steel processing and $45.8 million from infrastructure
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