Global Materials Undiscovered Gems With Strong Fundamentals

Nippon Carbide Industries

Market Cap: JP¥31.6b

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¥10.2b

Produces and sells furniture boards in China and internationally.

CNMC Goldmine Holdings

Market Cap: S$583.6m

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

Shengda ResourcesLtd

Market Cap: CN¥22.0b

Through its subsidiaries, engages in the mining, beneficiation, and sale of precious and non-ferrous metal ores in China.

Nampak

Market Cap: R3.7b

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

Huhtamaki India

Market Cap: ₹20.9b

Engages in the manufacture and sale of packaging materials in India.

Inner Mongolia Xingye Silver & Tin Mining

Market Cap: CN¥67.3b

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

Indian Metals and Ferro Alloys

Market Cap: ₹75.8b

Engages in the production and sale of ferro chrome in India and internationally.

Thong Guan Industries Berhad

Market Cap: RM 610.5m

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.

D.G. Khan Cement

Market Cap: PK₨94.6b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

Zanyu Technology Group

Market Cap: CN¥4.9b

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

Ta Chen Stainless Pipe

Market Cap: NT$112.0b

Manufactures, processes, and sells stainless steel pipes, plates, and fittings, and venetian blinds in Taiwan, the United States, China, and internationally.

AltynGold

Market Cap: UK£287.0m

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

Zhuzhou Smelter GroupLtd

Market Cap: CN¥30.8b

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

Shandong Weifang Rainbow Chemical

Market Cap: CN¥18.4b

Operates as a crop protection company in China.

Sunstone Development

Market Cap: CN¥8.3b

Engages in the research, development, production, and sale of prebaked anodes, lithium battery anode materials, and film capacitors in China and internationally.

Thor Explorations

Market Cap: CA$699.9m

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

Zhejiang Runtu

Market Cap: CN¥13.7b

Engages in the production and sale of dyes in China and internationally.

Capral

Market Cap: AU$176.2m

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

Chengdu Wintrue Holding

Market Cap: CN¥14.7b

Engages in the research and development, production, and sale of compound fertilizers.

Sichuan Yahua Industrial Group

Market Cap: CN¥21.9b

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

Serabi Gold

Market Cap: UK£228.9m

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

Shanjin International Gold

Market Cap: CN¥71.4b

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

Zhejiang Sanmei Chemical IndustryLtd

Market Cap: CN¥37.8b

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

WONIK MaterialsLtd

Market Cap: ₩460.8b

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

Fortuna Mining

Market Cap: CA$4.3b

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

Richards Group

Market Cap: CA$345.7m

Designs, manufactures, and distributes packaging containers and healthcare supplies and products in North America.

TIMAH

Market Cap: Rp29.0t

Engages in tin mining and smelting operations in Indonesia and internationally.

Guizhou Chanhen Chemical

Market Cap: CN¥20.1b

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

Sylvania Platinum

Market Cap: UK£222.6m

Operates as a producer of platinum group metals including platinum, palladium, and rhodium, and chrome in South Africa.

Artemis Gold

Market Cap: CA$9.0b

Engages in the identification, acquisition, and development of gold properties in Canada.

Zhongjin GoldLtd

Market Cap: CN¥117.6b

Engages in exploration, mining, beneficiation, and smelting of gold and other non-ferrous metals in China.

JCHX Mining ManagementLtd

Market Cap: CN¥47.8b

Engages in mining services and resource development in the People’s Republic of China, Africa, Europe, South America, Central Asia, Southeast Asia, Australia and internationally.