Global Materials Healthy potentially undervalued

Corbion

Market Cap: €961.8m

Provides lactic acid and lactic acid derivatives, food preservation solutions, functional blends, and algae ingredients in the Netherlands, the United States, Asia, rest of North Americas, the rest of Europe, the Middle East, and Africa.

Forterra

Market Cap: UK£361.4m

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

West Fraser Timber

Market Cap: CA$7.4b

A diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy.

Zignago Vetro

Market Cap: €686.7m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Shenzhen Capchem Technology

Market Cap: CN¥37.5b

Researches and develops, produces, sells, and services electronic chemicals products and functional materials in China and internationally.

K+S

Market Cap: €2.1b

Operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors in Europe, the United States, Asia, Africa, and Oceania.

TRX Gold

Market Cap: CA$322.5m

A junior gold mining company, engages in the exploration, development, and production of mineral property in Tanzania.

Element Solutions

Market Cap: US$5.8b

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

International Paper

Market Cap: US$24.1b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.

Eagle Materials

Market Cap: US$7.4b

Through its subsidiaries, manufactures and sells heavy construction products and light building materials in the United States.

Heidelberg Materials

Market Cap: €34.0b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Yunnan Chihong Zinc & Germanium

Market Cap: CN¥34.6b

Yunnan Chihong Zinc & Germanium Co., Ltd.

Huafon ChemicalLtd

Market Cap: CN¥47.9b

Engages in the research and development, production, and sale of polyurethane product materials in China and internationally.

Torex Gold Resources

Market Cap: CA$5.4b

Operates as an intermediate gold producer.

CEMEX. de

Market Cap: Mex$246.1b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Vulcan Energy Resources

Market Cap: AU$1.6b

Engages in the geothermal energy, and lithium exploration and production activities in Europe, Germany, and Australia.

Tung Ho Steel Enterprise

Market Cap: NT$44.9b

Produces and sells steel products in Taiwan.

JK Paper

Market Cap: ₹71.1b

Engages in the production and sale of paper products in India.

Fuji Seal International

Market Cap: JP¥145.0b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

Trimegah Bangun Persada

Market Cap: Rp72.2t

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

Rengo

Market Cap: JP¥228.1b

Manufactures and sells paperboard and packaging-related products in Asia, Europe, and internationally.

Michelmersh Brick Holdings

Market Cap: UK£84.6m

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

Nutrien

Market Cap: CA$40.7b

Provides crop inputs and services.

Victrex

Market Cap: UK£569.7m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

SeAH Besteel Holdings

Market Cap: ₩842.8b

Engages in the manufacture and sale of special steel, heavy forgings, auto parts, and axles in South Korea.

Alkane Resources

Market Cap: AU$1.5b

Operates as a gold exploration and production company in Australia.

Titan America

Market Cap: US$2.8b

Through its subsidiaries, manufactures and supplies heavy building materials and services in the United States.

Marshalls

Market Cap: UK£429.3m

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

Ashland

Market Cap: US$2.2b

Provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally.

K92 Mining

Market Cap: CA$4.6b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

PI Advanced Materials

Market Cap: ₩500.4b

Engages in the manufacture and sale of polyimide-based materials in South Korea.

KGHM Polska Miedz

Market Cap: zł37.6b

Engages in the exploration and mining of copper, nickel, precious metals, and non-ferrous metals in Poland and internationally.

Saudi Kayan Petrochemical

Market Cap: ر.س8.9b

Manufactures and sells chemicals, polymers, and specialty products.