The mine benefits from being located only 22 km NNE of the city of La Serena and being next to Guayacán, a port with conditions for high-tonnage cargo ships.
[1][4] Despite being initially an expensive mine in terms of infrastructure investment and having a troublesome geology El Romeral proved with time to host more iron than initially thought.
[3] Following an ownership restructuring Compañía Minera del Pacífico, now holds control of the mine.
[5] During the 1970s El Romeral would produce enough iron to fully supply the steel mill of Huachipato.
[11] The ores of the mine are emplaced within andesite rocks of La Liga Formation.