Global Materials Healthy potentially undervalued

Hoa Phat Group

Market Cap: ₫179.0t

Produces and sells steel products in Vietnam.

Tessenderlo Group

Market Cap: €1.2b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Cabka

Market Cap: €48.7m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Transcontinental

Market Cap: CA$467.1m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Sharda Cropchem

Market Cap: ₹69.5b

A crop protection chemical company, engages in the provision of various formulations and generic active ingredients worldwide.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥33.0b

Provides packaging solutions in China and internationally.

Saudi Cement

Market Cap: ر.س4.3b

Manufactures and sells cement and related products in the Kingdom of Saudi Arabia and internationally.

Zhejiang Juhua

Market Cap: CN¥104.8b

Engages in the research, development, production, and sale of chemical raw materials and products in China, the United Arab Emirates, and Hong Kong.

Malayan Cement Berhad

Market Cap: RM 9.2b

An investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, drymix, quarry, and other building materials and related products primarily in Malaysia and Singapore.

CMOC Group

Market Cap: CN¥370.1b

Engages in the mining, beneficiation, and smelting of base and rare metals in Asia, Africa, South America, and Europe.

Anhui Conch Cement

Market Cap: CN¥88.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Qinghai Salt Lake IndustryLtd

Market Cap: CN¥147.3b

Manufactures and sells potash fertilizers in China and internationally.

UNID

Market Cap: ₩412.9b

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

Petrovietnam Camau Fertilizer

Market Cap: ₫16.1t

Engages in the production and trading of fertilizers in Vietnam and internationally.

Shandong Hualu-Hengsheng Chemical

Market Cap: CN¥57.6b

Shandong Hualu-Hengsheng Chemical Co., Ltd.

Ningxia Baofeng Energy Group

Market Cap: CN¥172.1b

Produces and sells chemical products in China and internationally.

Fertiglobe

Market Cap: د.إ21.4b

Produces and sells nitrogen-based products in Europe, North and South America, Africa, the Middle East, Asia, and Oceania.

Yunnan Aluminium

Market Cap: CN¥90.0b

Produces and sells aluminum primarily in China.

Yunnan Yuntianhua

Market Cap: CN¥54.3b

Manufactures and sells fertilizers in China and internationally.

Titan

Market Cap: €3.8b

Engages in the production, trade, and distribution of construction materials in Greece, the Balkans, Europe, Egypt, Türkiye, Italy, France, the United States, and Brazil.

Gränges

Market Cap: SEK 18.8b

Engages in the development, production, and distribution of rolled aluminum products in the Americas, Asia, and Europe.

Vicat

Market Cap: €2.8b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

B2Gold

Market Cap: CA$9.2b

Operates as a gold producer company in Canada.

Rossari Biotech

Market Cap: ₹27.5b

Manufactures and sells specialty chemicals in India and internationally.

Toyobo

Market Cap: JP¥139.0b

Manufactures, processes, and sells various films, life sciences, environmental and functional materials, and fibers and textiles products in Japan, China, Southeast Asia, and internationally.

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥57.7b

Henan Shenhuo Coal Industry and Electricity Power Co.

Chemtrade Logistics Income Fund

Market Cap: CA$1.8b

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

Zotefoams

Market Cap: UK£218.2m

Manufactures, distributes, and sells foam materials in Europe, the Middle East, Africa, North America, and Asia.

Tubacex

Market Cap: €361.9m

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

Cementir Holding

Market Cap: €2.2b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Turkiye, Egypt, and the Asia Pacific.

West African Resources

Market Cap: AU$4.0b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Ambuja Cements

Market Cap: ₹1.0t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

Zijin Mining Group

Market Cap: CN¥848.6b

Engages in exploration and extraction of metals in Mainland China and internationally.

Trimegah Bangun Persada

Market Cap: Rp58.3t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.

ORG Technology

Market Cap: CN¥12.1b

Provides packaging solutions in China and internationally.

Satellite ChemicalLtd

Market Cap: CN¥90.0b

A low-carbon chemical company, research, development, production, sale, and service of new electronic chemicals and functional materials in China and internationally.