Global Materials Healthy potentially undervalued

Huaibei Mining HoldingsLtd

Market Cap: CN¥29.9b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Hoa Phat Group

Market Cap: ₫202.6t

Produces and sells steel products in Vietnam.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.0b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Silgan Holdings

Market Cap: US$4.3b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Aurelia Metals

Market Cap: AU$423.1m

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

Suzano

Market Cap: R$63.6b

Manufactures and sells pulp and paper products in Brazil and internationally.

Jinan Shengquan Group Share Holding

Market Cap: CN¥23.0b

Jinan Shengquan Group Share Holding Co., Ltd.

Kumho Petro ChemicalLtd

Market Cap: ₩3.0t

Manufactures and sells synthetic rubber and resins, specialty chemicals, nanocarbon, energy, and building materials in South Korea and internationally.

RPM International

Market Cap: US$13.5b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Iluka Resources

Market Cap: AU$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥28.4b

Manufactures nutritional products and solutions in China and internationally.

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.

SeAH Steel

Market Cap: ₩328.5b

Manufactures and sells steel products in South Korea.

UNID

Market Cap: ₩446.1b

Manufactures and sells potassium based chemical products in South Korea and internationally.

China National Building Material

Market Cap: HK$38.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Saudi Aramco Base Oil Company - Luberef

Market Cap: ر.س16.2b

Produces and sells base oils and various by-products in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, the United States, and internationally.

Navigator Company

Market Cap: €2.2b

Manufactures and markets pulp and paper products worldwide.

GCC. de

Market Cap: Mex$59.4b

Through its subsidiaries, produces, markets, and distributes cement, aggregates, ready-mix concrete, and other materials for the construction industry in Mexico and the United States.

CPH Group

Market Cap: CHF 414.8m

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

Chemtrade Logistics Income Fund

Market Cap: CA$1.7b

Offers industrial chemicals and services in Canada, the United States, and South America.

Tubacex

Market Cap: €409.6m

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

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Minerals Technologies

Market Cap: US$1.9b

Develops, produces, and markets various mineral, mineral-based, and related systems and services.

Satellite ChemicalLtd

Market Cap: CN¥59.3b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China 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.

Trimegah Bangun Persada

Market Cap: Rp70.9t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing business in China, Switzerland, Sweden, and Indonesia.

Graphic Packaging Holding

Market Cap: US$4.5b

Designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

Neo Performance Materials

Market Cap: CA$646.9m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

China Jushi

Market Cap: CN¥68.5b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Citic Pacific Special Steel Group

Market Cap: CN¥82.6b

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥11.8b

Produces and sells environmentally friendly furniture panels in China and internationally.

China Hongqiao Group

Market Cap: HK$323.7b

An investment holding company, manufactures and sells aluminum products.

Treatt

Market Cap: UK£121.0m

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

Aluminum Corporation of China

Market Cap: HK$227.6b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Imerys

Market Cap: €2.0b

Engages in the supply of specialty minerals for various industries across Europe, the Middle East, Africa, Asia Pacific, and America.

Semen Indonesia (Persero)

Market Cap: Rp17.8t

Manufactures, packs, and distributes cement in Indonesia and internationally.