CMS TECNOLOGIA S.A.
December 31st, 2006
Legal status
CMS Tecnología S.A. is a private limited
company, set up 1 July 1999.
Capital subscribed and paid
in
In October 2005, Codelco Chile sold 70% of this
company to ABB Services S.A. (Asea Brown Bovery).
As of 31 December 2006, the capital subscribed
and paid in by Codelco Chile stood at US$3,947,
000.
Purpose
The purpose of this company is to provide integrated
maintenance services to productive units, machinery
and mining equipment in the main locations where
large-scale mining is occurring in northern and
central Chile. With the inclusion of ABB Services
S.A. in October 2005 as the controlling partner,
the business strategy has focused on incorporating
the "Full Service Contract" concept
in the field of integrated Plant Management, with
its central purposein Chile being the provision
of copper mining services.
Board of Directors
Enrique Daniel Rohde
Gustavo Renom Molina
Patricio Huencho Montecinos
Héctor Hip Soto (*)
José Robles Becerra (*)
General Manager
Paulo Cerqueira
Codelco's share of capital
and changes during the fiscal year
Codelco Chile holds a 30% stake in CMS Tecnología
SA
Contracts in effect with Codelco
At the moment, CMS has the following contracts
with Codelco:
Radomiro Tomic: General mechanical maintenance
service,tire repair and maintenance service.
Chuquicamata: electro-mechanical maintenance service,
crusher work centre superintendence.
Andina: General mechanical maintenance and replacement
parts contract as needed by mills and crushers.
Maintenance and industrial cleaning at the Sewell
plant.
Investment as a percentage
of total head office
2006 Investment in jointly held firm US$1,794,000.
2005 Investment in jointly held firm US$1,448,000.
Total investment as a percentage of head office
assets 0.014%, 2006.