U.K. Materials Healthy potentially undervalued

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.

Michelmersh Brick Holdings

Market Cap: UK£77.1m

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

Treatt

Market Cap: UK£121.0m

Manufactures and supplies various natural extracts and ingredients to beverage, flavor, fragrance, and consumer goods markets.

Rio Tinto Group

Market Cap: UK£102.3b

Engages in exploring, mining, and processing mineral resources worldwide.

Central Asia Metals

Market Cap: UK£323.3m

Operates as a base metals producer.

Atalaya Mining Copper

Market Cap: UK£1.2b

Engages in the mineral exploration and development in Spain.

Kenmare Resources

Market Cap: UK£220.4m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

Forterra

Market Cap: UK£390.8m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

Johnson Matthey

Market Cap: UK£3.6b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Marshalls

Market Cap: UK£456.6m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.