Global Materials Undiscovered Gems With Strong Fundamentals

Nippon Carbide Industries

Market Cap: JP¥31.1b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥10.0b

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

Century Iron and Steel IndustrialLtd

Market Cap: NT$26.4b

Century Iron and Steel Industrial Co.,Ltd.

CNMC Goldmine Holdings

Market Cap: S$502.6m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

Henan Zhongfu IndustrialLtd

Market Cap: CN¥30.3b

Processes, manufactures, and sells electrolytic aluminum and aluminum products in China.

Nampak

Market Cap: R4.0b

Engages in the manufacture and sale of packaging products in South Africa and rest of Africa.

Zhuzhou Smelter GroupLtd

Market Cap: CN¥28.0b

Produces and sells lead, zinc, and its alloy products under the Torch brand in China.

Shandong Weifang Rainbow Chemical

Market Cap: CN¥19.1b

Operates as a crop protection company in China.

Metro Mining

Market Cap: AU$476.4m

Operates as an exploration and mining company in Australia.

Thong Guan Industries Berhad

Market Cap: RM 598.7m

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally.

Zanyu Technology Group

Market Cap: CN¥5.8b

Engages in the research and development, manufacture, and sale of surfactants and oleo chemicals in China and internationally.

Suzhou Shihua New Material Technology

Market Cap: CN¥8.2b

Suzhou Shihua New Material Technology Co., Ltd.

SP Group

Market Cap: DKK 4.8b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

Zhuzhou Times New Material Technology

Market Cap: CN¥11.9b

Zhuzhou Times New Material Technology Co., Ltd.

Shenzhen Batian Ecotypic Engineering

Market Cap: CN¥11.4b

Shenzhen Batian Ecotypic Engineering Co., Ltd.

AltynGold

Market Cap: UK£274.7m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Santacruz Silver Mining

Market Cap: CA$1.1b

Engages in the acquisition, exploration, development, production, and operation of mineral properties in Latin America.

Metals Exploration

Market Cap: UK£402.3m

Metals Exploration plc identifies, acquires, explores, and develops mining and processing properties in the United Kingdom, the Philippines, and Nicaragua.

Alto Ingredients

Market Cap: US$439.3m

Produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States.

China Gold International Resources

Market Cap: CA$11.0b

A gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People’s Republic of China and Canada.

Sunstone Development

Market Cap: CN¥10.6b

Engages in the research and development, production, and sales of prebaked carbon anodes for the aluminum industry in China and internationally.

Capral

Market Cap: AU$180.5m

Together with its subsidiary, Austex Dies Pty Ltd, manufactures and distributes fabricated and semi-fabricated aluminum-related products in Australia.

Dongsung FineTec

Market Cap: ₩585.7b

Engages in the manufacture and sale of cryogenic insulation products in South Korea.

Inner Mongolia Xingye Silver & Tin Mining

Market Cap: CN¥74.7b

Engages in the mining and beneficiation of non-ferrous and precious metals in China, Hong Kong, and Mongolia.

Sichuan Yahua Industrial Group

Market Cap: CN¥25.5b

Engages in lithium and civil explosive businesses in China and internationally.

Serabi Gold

Market Cap: UK£255.2m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Zhejiang Sanmei Chemical IndustryLtd

Market Cap: CN¥37.2b

Zhejiang Sanmei Chemical Industry Co.,Ltd.

ARE Holdings

Market Cap: JP¥276.5b

Engages in refining, manufacturing, and trading of precious metals and rare metals in Japan, Asia, and North America.

WONIK MaterialsLtd

Market Cap: ₩514.4b

Manufactures and sells specialty gases in South Korea, China, and internationally.

Fortuna Mining

Market Cap: CA$4.1b

Engages in the precious and base metal mining and related activities in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.

Guizhou Chanhen Chemical

Market Cap: CN¥21.1b

Engages in the mining and beneficiation of phosphate and processing of phosphorus in China.

Sylvania Platinum

Market Cap: UK£238.1m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Thor Explorations

Market Cap: CA$866.5m

Engages in the production, development, and exploration of gold.

West African Resources

Market Cap: AU$3.6b

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

Archi Indonesia

Market Cap: Rp25.7t

Through its subsidiaries, engages in gold and silver mining business in Indonesia.

Koppers Holdings

Market Cap: US$817.0m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.