Global Materials Undervalued Small Caps

Aurelia Metals

Market Cap: AU$457.0m

Engages in the exploration and production of mineral properties in Australia.

KH Neochem

Market Cap: JP¥94.1b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Serabi Gold

Market Cap: UK£203.0m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

City Cement

Market Cap: ر.س2.2b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

Stanmore Resources

Market Cap: AU$2.1b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Tubacex

Market Cap: €432.9m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Heliostar Metals

Market Cap: CA$526.8m

Engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥11.3b

Engages in the research and development, production, and sales of food additives, daily chemical flavors, bulk chemicals, and intermediates.

Nippon Carbide Industries

Market Cap: JP¥19.5b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

CNMC Goldmine Holdings

Market Cap: S$478.2m

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

Apex Mining

Market Cap: ₱64.9b

Engages in exploration and production of metals and minerals in the Philippines.

Beijing Tongyizhong New Material Technology

Market Cap: CN¥4.0b

Engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally.

Asahi Yukizai

Market Cap: JP¥84.5b

Engages in the piping system, resin, and water treatment and resource development businesses in Japan.

Resolute Mining

Market Cap: AU$2.6b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Orezone Gold

Market Cap: CA$980.5m

Engages in the mining, exploration, and development of gold properties.

Central Omega Resources

Market Cap: Rp4.2t

Engages in the mineral mining business in Indonesia.

AltynGold

Market Cap: UK£273.3m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Limin GroupLtd

Market Cap: CN¥8.1b

Researches, develops, manufactures, and markets fungicides and other pesticides in China.

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.9b

Engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally.

Catalyst Metals

Market Cap: AU$2.1b

Engages in the mineral exploration and evaluation in Australia.

CPH Group

Market Cap: CHF 420.8m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.

Core Molding Technologies

Market Cap: US$159.3m

Operates as a molder of thermoplastic and thermoset structural products.

Atalaya Mining Copper

Market Cap: UK£884.0m

Engages in the mineral exploration and development in Spain.

Arabian Pipes

Market Cap: ر.س1.2b

Engages in the production and marketing of steel tubes in the Kingdom of Saudi Arabia.

TIMAH

Market Cap: Rp21.4t

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

Dynacor Group

Market Cap: CA$184.2m

Engages in the exploration, development, and mining of minerals properties in Peru.

Sims

Market Cap: AU$2.7b

Engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, China, India, Thailand, Turkey, the United States, and internationally.

Alphamin Resources

Market Cap: CA$1.4b

Engages in the production and sale of tin concentrate.

Sunstone Development

Market Cap: CN¥12.5b

Engages in the research and development, production, and sales of prebaked carbon anodes for the aluminum industry in China and internationally.

Sino-Platinum MetalsLtd

Market Cap: CN¥12.9b

Engages in the research, development, production, sales, and technical services of metal and non-metal materials in China.

BORETECH Resource Recovery Engineering

Market Cap: NT$5.0b

BORETECH Resource Recovery Engineering CO., LTD.

Stepan

Market Cap: US$1.0b

Produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide.

Michelmersh Brick Holdings

Market Cap: UK£78.6m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

Rana Gruber

Market Cap: NOK 2.3b

Engages in the mining, processing, and sale of iron ore concentrate in Norway, the United Kingdom, Sweden, the United States, and internationally.

Zhejiang Runtu

Market Cap: CN¥7.8b

Produces and sells dyes in China.