Global Materials Healthy potentially undervalued

ShenZhen YUTO Packaging Technology

Market Cap: CN¥40.5b

Provides packaging solutions in China and internationally.

Champion Iron

Market Cap: AU$2.3b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Hankuk Carbon

Market Cap: ₩1.3t

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

Osaka Soda

Market Cap: JP¥226.6b

Manufactures and sells basic and functional chemicals products in Asia, Europe, North America, and internationally.

Wanhua Chemical Group

Market Cap: CN¥216.6b

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

Western MiningLtd

Market Cap: CN¥69.6b

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

Ganfeng Lithium Group

Market Cap: CN¥121.6b

Manufactures and sells lithium products in China.

Resolute Mining

Market Cap: AU$2.1b

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

Boliden

Market Cap: SEK 149.8b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

AMG Critical Materials

Market Cap: €1.2b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Capital

Market Cap: UK£244.9m

Provides drilling, mining, mineral assaying, and surveying services.

Tata Chemicals

Market Cap: ₹176.6b

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

thyssenkrupp

Market Cap: €7.5b

Provides industrial and technology solutions and services in Germany and internationally.

Nippon Paper Industries

Market Cap: JP¥150.9b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

Kuraray

Market Cap: JP¥520.2b

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

Hangzhou Oxygen Plant Group

Market Cap: CN¥26.9b

Manufactures and sells air separation equipment, cryogenic petrochemical equipment, and various gas products in China and internationally.

Genesis Minerals

Market Cap: AU$7.2b

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

Teijin

Market Cap: JP¥331.5b

Engages in the fibers, films and sheets, composites, healthcare, and IT businesses in Japan and internationally.

Shanjin International Gold

Market Cap: CN¥55.0b

Explores for, mines, and trades in precious and non-ferrous metal ores in China.

Zhejiang NHU

Market Cap: CN¥92.1b

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

Shandong Nanshan AluminiumLtd

Market Cap: CN¥47.3b

Engages in the aluminum processing business worldwide.

Fertiglobe

Market Cap: د.إ21.9b

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

Outokumpu Oyj

Market Cap: €2.5b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

TRX Gold

Market Cap: CA$407.0m

Engages in the exploration, development, and production of mineral property in Tanzania.

Corbion

Market Cap: €1.2b

Provides lactic acid and derivatives, food preservation solutions, functional ingredient systems, and algae-derived nutritional ingredients in the Netherlands, the United States, Asia, rest of Americas, the rest of Europe, the Middle East, and Africa.

Gränges

Market Cap: SEK 18.4b

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

Vicat

Market Cap: €3.0b

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

Scientex Berhad

Market Cap: RM 5.8b

An investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products.

ICL Group

Market Cap: US$6.5b

Operates as a specialty minerals and chemicals company worldwide.

Atalaya Mining Copper

Market Cap: UK£1.3b

Engages in the mineral exploration and development in Spain.

Sylvamo

Market Cap: US$1.5b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Clariant

Market Cap: CHF 2.4b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Titan

Market Cap: €3.9b

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

Vox Royalty

Market Cap: CA$472.0m

Operates as a mining royalty company.

CPH Group

Market Cap: CHF 344.1m

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

Hansol Chemical

Market Cap: ₩2.8t

Manufactures and sells various chemicals primarily in South Korea.