Global Materials Undervalued Small Caps

KH Neochem

Market Cap: JP¥97.0b

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

City Cement

Market Cap: ر.س2.1b

Manufactures and sells cement in the Kingdom of Saudi Arabia.

Serabi Gold

Market Cap: UK£180.2m

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

Stanmore Resources

Market Cap: AU$1.9b

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

Breedon Group

Market Cap: UK£1.2b

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

Heliostar Metals

Market Cap: CA$518.7m

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.

Tubacex

Market Cap: €434.1m

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

Silvercorp Metals

Market Cap: CA$2.2b

Acquires, explores, develops, and mines mineral properties in China.

Nippon Carbide Industries

Market Cap: JP¥19.9b

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

CNMC Goldmine Holdings

Market Cap: S$466.1m

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

Orezone Gold

Market Cap: CA$950.6m

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

Pantech Group Holdings Berhad

Market Cap: RM 558.7m

An investment holding company, manufactures and sells steel pipes, fittings, flanges, valves, and other related products in Malaysia, the Republic of Singapore, the United Kingdom.

Asahi Yukizai

Market Cap: JP¥88.8b

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

Apex Mining

Market Cap: ₱52.5b

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

Central Omega Resources

Market Cap: Rp4.5t

Engages in the mineral mining business in Indonesia.

Resolute Mining

Market Cap: AU$2.4b

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

AltynGold

Market Cap: UK£246.0m

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

Limin GroupLtd

Market Cap: CN¥8.0b

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

Catalyst Metals

Market Cap: AU$1.8b

Engages in the mineral exploration and evaluation in Australia.

Sichuan Guoguang Agrochemical

Market Cap: CN¥7.0b

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

Core Molding Technologies

Market Cap: US$159.8m

Operates as a molder of thermoplastic and thermoset structural products.

Dynacor Group

Market Cap: CA$185.5m

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

TIMAH

Market Cap: Rp21.4t

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

Arabian Pipes

Market Cap: ر.س1.1b

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

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.

CPH Group

Market Cap: CHF 423.2m

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

Sylvania Platinum

Market Cap: UK£220.6m

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

Gränges

Market Cap: SEK 12.9b

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.

Atalaya Mining Copper

Market Cap: UK£874.1m

Engages in the mineral exploration and development in Spain.

Alphamin Resources

Market Cap: CA$1.4b

Engages in the production and sale of tin concentrate.

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.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

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

Sino-Platinum MetalsLtd

Market Cap: CN¥12.1b

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$4.9b

BORETECH Resource Recovery Engineering CO., LTD.

I G Petrochemicals

Market Cap: ₹12.8b

Engages in the manufacture and sale of organic and inorganic chemicals in India and internationally.