Global Materials Solid Balance Sheet and Fundamentals

Lundin Gold

Market Cap: CA$18.6b

Develops and operates its mineral concessions in Ecuador.

Wanguo Gold Group

Market Cap: HK$33.9b

An investment holding company, engages in mining, ore processing, and sale of concentrate products in the People’s Republic of China and Solomon Islands.

Arabian Cement CompanyE

Market Cap: ج.م20.8b

Manufactures and sells cement and other related products in Egypt.

Chevron Lubricants Lanka

Market Cap: LK₨48.2b

Operates as a lubricant and engine oil supplier in Sri Lanka, Bangladesh, and Maldives.

HBM Nigeria

Market Cap: ₦5.1t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

Heliostar Metals

Market Cap: CA$491.2m

Engages in gold and silver exploration and mining activities in the United States and Mexico.

Ora Banda Mining

Market Cap: AU$2.2b

Engages in the exploration, operation, and development of mineral properties and mining in Australia.

Endeavour Mining

Market Cap: CA$17.1b

Operates as a gold mining company in West Africa.

Hindustan Copper

Market Cap: ₹475.1b

Engages in the exploration, exploitation, and mining of copper and copper ores in India.

CNMC Goldmine Holdings

Market Cap: S$449.9m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

TIMAH

Market Cap: Rp25.7t

Engages in tin mining and smelting operations in Indonesia and internationally.

Mako Mining

Market Cap: CA$909.8m

Engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana.

AngloGold Ashanti

Market Cap: US$41.3b

Operates as a gold mining company in Africa, Australia, and the Americas.

Northam Platinum Holdings

Market Cap: R96.5b

Through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals.

Fresnillo

Market Cap: UK£21.1b

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico.

OceanaGold

Market Cap: CA$7.9b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Solar Industries India

Market Cap: ₹1.6t

Engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally.

China Gold International Resources

Market Cap: CA$8.5b

A gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People’s Republic of China and Canada.

Misr Cement (Qena) Company (S.A.E)

Market Cap: ج.م16.1b

Produces and sells cement products in Egypt and internationally.

CMOC Group

Market Cap: CN¥353.0b

Engages in the mining, beneficiation, and smelting of base and rare metals in Asia, Africa, South America, and Europe.

West African Resources

Market Cap: AU$3.3b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Bayer CropScience

Market Cap: ₹188.1b

Engages in the manufacture, sale, and distribution of insecticides, fungicides, herbicides, and various other agrochemical products and hybrid corn seeds in India, Germany, Bangladesh, and internationally.

Zhuzhou Smelter GroupLtd

Market Cap: CN¥36.8b

Produces and sells zinc and its alloy products under the Torch brand in China.

AlzChem Group

Market Cap: €1.7b

Develops, produces, and markets a range of chemical specialties in Germany, European Union, rest of Europe, Asia, NAFTA region, and internationally.

Misr Fertilizer Production

Market Cap: ج.م101.8b

Engages in the production and sale of fertilizers, ammonia, and nitrogen in Egypt.

Trimegah Bangun Persada

Market Cap: Rp51.7t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.

Dongsung FineTec

Market Cap: ₩484.9b

Engages in the manufacture and sale of cryogenic insulation products in South Korea.

Pidilite Industries

Market Cap: ₹1.6t

Engages in the manufacture and sale of various chemicals in India and internationally.

Yunnan Aluminium

Market Cap: CN¥78.0b

Produces and sells aluminum primarily in China.

East Pipes Integrated Company for Industry

Market Cap: ر.س7.2b

Provides coating services on pipes provided by the customers.

Kinross Gold

Market Cap: CA$41.1b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

Bisalloy Steel Group

Market Cap: AU$219.5m

Engages in the manufacture and sale of quenched and tempered, high-tensile, and abrasion resistant steel plates in Australia, Indonesia, Thailand, and internationally.

National Aluminium

Market Cap: ₹610.0b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

APL Apollo Tubes

Market Cap: ₹498.3b

Manufactures and sells structural steel tubes in India.

Regis Resources

Market Cap: AU$5.0b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Thor Explorations

Market Cap: CA$713.2m

Engages in the production, development, and exploration of gold.