Global Materials Healthy potentially undervalued

Shanghai Putailai New Energy Technology GroupLtd

Market Cap: CN¥50.7b

Engages in the development and sale of materials of lithium-ion batteries and automation equipment in China and internationally.

Umicore

Market Cap: €5.7b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

Ero Copper

Market Cap: CA$5.0b

Engages in the exploration, development, and production of mining projects in Brazil.

Silgan Holdings

Market Cap: US$4.4b

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

SSR Mining

Market Cap: CA$9.0b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Galiano Gold

Market Cap: CA$747.1m

Operates as a gold mining company.

Yara International

Market Cap: NOK 106.0b

Provides crop nutrition, ammonia, and industrial solutions in Norway, European Union, Europe, Africa, Asia, North America, Latin America, Australia, and New Zealand.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺55.5b

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret A.S.

CF Industries Holdings

Market Cap: US$17.3b

Engages in the production of ammonia in North America, Europe, and internationally.

Alpha Metallurgical Resources

Market Cap: US$1.9b

A mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia.

Poongsan

Market Cap: ₩2.3t

Manufactures and sells copper and copper-related products in South Korea and internationally.

Hankuk Carbon

Market Cap: ₩1.2t

Produces and sells carbon fiber, synthetic resin, and glass paper related products in South Korea.

Zhejiang Juhua

Market Cap: CN¥118.4b

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

Dong Hai Ben Tre

Market Cap: ₫3.7t

Produces and trades in industrial paper products and cardboard packaging in Vietnam.

Western MiningLtd

Market Cap: CN¥94.7b

Engages in the mining, beneficiation, smelting, and trading of metals in Mainland China and internationally.

Wanhua Chemical Group

Market Cap: CN¥234.7b

Engages in the research, development, production, and sale of chemical products in China and internationally.

Sudarshan Chemical Industries

Market Cap: ₹87.7b

Manufactures and sells organic, inorganic and effect pigments, performance colorants, pearlescent pigments, and specialty chemicals in India and internationally.

Vedanta

Market Cap: ₹1.1t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

LOTTE Fine Chemical

Market Cap: ₩1.2t

Manufactures and sells chemical products in South Korea, the rest of Asia, North America, Europe, and internationally.

Kumho Petro ChemicalLtd

Market Cap: ₩2.9t

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥37.5b

Provides packaging solutions in China and internationally.

Arkema

Market Cap: €4.6b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Akzo Nobel

Market Cap: €10.9b

Produces and sells paints and coatings worldwide.

Billerud

Market Cap: SEK 19.1b

Provides paper and packaging materials worldwide.

Allied Gold

Market Cap: CA$3.7b

Operates as gold mining company in Africa.

Saudi Cement

Market Cap: ر.س4.3b

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

Corticeira Amorim S.G.P.S

Market Cap: €891.7m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Portugal, Switzerland, Norway, the rest of the European Union, the rest of Europe, the United States, the rest of the American countries, Australasia, and Africa.

YAMAMA Cement

Market Cap: ر.س4.6b

Manufactures and sells cement in Saudi Arabia.

Eastman Chemical

Market Cap: US$8.4b

Operates as a specialty materials company in the United States, China, and internationally.

Genesis Minerals

Market Cap: AU$7.7b

Engages in the gold mining, project development and exploration activities in Western Australia.

Kuraray

Market Cap: JP¥567.9b

Engages in the production and sale of resins, chemicals, fibers, and other-related materials in Japan, the United States, China, Europe, Asia, and internationally.

Tata Chemicals

Market Cap: ₹169.0b

Manufactures, markets, sells, and distributes basic chemistry and specialty products in India, Asia, Africa, Europe, the United Kingdom, the Americas, and internationally.

Zhejiang NHU

Market Cap: CN¥93.5b

Produces and sells nutritional products, fragrances and flavors, polymer materials, and active pharmaceutical ingredients in China and internationally.

Korea Petrochemical Ind

Market Cap: ₩562.6b

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

Hoa Sen Group

Market Cap: ₫8.7t

Engages in the manufacturing and trading steel sheet in Vietnam and internationally.

Asahi Kasei

Market Cap: JP¥2.2t

Engages in material, homes, and healthcare businesses in Japan, the United States, China, and internationally.