Global Materials Undervalued Small Caps

Aurelia Metals

Market Cap: AU$397.8m

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

KH Neochem

Market Cap: JP¥87.2b

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

Serabi Gold

Market Cap: UK£200.7m

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

CPH Group

Market Cap: CHF 417.2m

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

Tubacex

Market Cap: €407.7m

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

Michelmersh Brick Holdings

Market Cap: UK£79.1m

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

Flügger group

Market Cap: DKK 948.8m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.

CNMC Goldmine Holdings

Market Cap: S$405.3m

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

Shenzhen King Explorer Science and Technology

Market Cap: CN¥4.5b

Engages in the research and development, design, manufacture, sales, and service provision of intelligent civil explosive equipment in China and internationally.

Surya Roshni

Market Cap: ₹54.8b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Resolute Mining

Market Cap: AU$2.2b

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

AltynGold

Market Cap: UK£280.2m

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

Orezone Gold

Market Cap: CA$1.0b

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

Apex Mining

Market Cap: ₱60.9b

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

Taoka Chemical Company

Market Cap: JP¥16.8b

Manufactures and sells chemicals, functional materials, and resin additives in Japan and internationally.

Central Omega Resources

Market Cap: Rp3.9t

Engages in the mineral mining business in Indonesia.

Stanmore Resources

Market Cap: AU$2.2b

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

Catalyst Metals

Market Cap: AU$1.7b

Engages in the mineral exploration and evaluation in Australia.

Korea Petrochemical Ind

Market Cap: ₩869.6b

Engages in the production and supply of petrochemicals in Korea and internationally.

Sichuan Guoguang Agrochemical

Market Cap: CN¥6.5b

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

Pennar Industries

Market Cap: ₹26.8b

Operates as an engineering company in India and internationally.

Star Cement

Market Cap: ₹89.2b

Manufactures and supplies cement and clinker products in India and internationally.

Macmahon Holdings

Market Cap: AU$1.2b

Provides surface mining, underground mining and mining support, and civil infrastructure services to mining companies in Australia and Southeast Asia.

Atalaya Mining Copper

Market Cap: UK£1.1b

Engages in the mineral exploration and development in Spain.

Gränges

Market Cap: SEK 14.4b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

Sylvania Platinum

Market Cap: UK£227.4m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Gloria Material Technology

Market Cap: NT$18.1b

Engages in smelting, manufacturing, processing and sales of steel in Taiwan, the United States, China, and internationally.

OSAKA Titanium technologiesLtd

Market Cap: JP¥69.5b

Manufactures and sells titanium products in Japan, the United States of America, China, and internationally.

Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd

Market Cap: CN¥6.8b

Xinjiang Qingsong Building Materials and Chemicals(Group)Co,Ltd.

Allied Supreme

Market Cap: NT$18.7b

Manufactures and sells fluoropolymer resin in China, America, and Taiwan.

E.I.D.- Parry (India)

Market Cap: ₹179.3b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

SP Group

Market Cap: DKK 3.3b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

BORETECH Resource Recovery Engineering

Market Cap: NT$4.6b

BORETECH Resource Recovery Engineering CO., LTD.

Sunstone Development

Market Cap: CN¥11.9b

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

Asia CementLtd

Market Cap: ₩433.0b

Engages in the manufacture and sale of cement and ready-mixed concrete in South Korea.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.1b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.