Global Materials Undiscovered Gems With Strong Fundamentals

Nippon Carbide Industries

Market Cap: JP¥30.4b

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

Shengda ResourcesLtd

Market Cap: CN¥17.6b

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

CNMC Goldmine Holdings

Market Cap: S$518.8m

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

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥11.0b

Produces and sells furniture boards in China and internationally.

Sotkamo Silver

Market Cap: SEK 1.4b

A mining and ore prospecting company, develops and utilizes mineral deposits in the Kainuu region in Finland.

Nampak

Market Cap: R3.7b

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

Henan Zhongfu IndustrialLtd

Market Cap: CN¥26.6b

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

Inner Mongolia Xingye Silver & Tin Mining

Market Cap: CN¥55.6b

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

Huhtamaki India

Market Cap: ₹22.7b

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

Mpact

Market Cap: R2.6b

Engages in the paper and plastic packaging, and recycling business in South Africa and internationally.

Thong Guan Industries Berhad

Market Cap: RM 590.9m

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.

Indian Metals and Ferro Alloys

Market Cap: ₹80.7b

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

SP Group

Market Cap: DKK 5.6b

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

Zanyu Technology Group

Market Cap: CN¥4.7b

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

Zhejiang Runtu

Market Cap: CN¥14.4b

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

AltynGold

Market Cap: UK£224.1m

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

Tongguan Gold Group

Market Cap: HK$11.5b

An investment holding company, engages in gold mining operations in China.

Zhuzhou Smelter GroupLtd

Market Cap: CN¥24.6b

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

Shandong Weifang Rainbow Chemical

Market Cap: CN¥20.3b

Operates as a crop protection company in China.

Alto Ingredients

Market Cap: US$376.6m

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

Thor Explorations

Market Cap: CA$659.9m

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

Sunstone Development

Market Cap: CN¥8.6b

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

Wesdome Gold Mines

Market Cap: CA$3.7b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Kingsgate Consolidated

Market Cap: AU$1.1b

Engages in the exploration, development, and mining of mineral properties.

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.

OceanaGold

Market Cap: CA$7.5b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Chengdu Wintrue Holding

Market Cap: CN¥14.6b

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

SSR Mining

Market Cap: CA$7.4b

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

Serabi Gold

Market Cap: UK£189.3m

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

Aris Mining

Market Cap: CA$3.9b

Engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana.

Sichuan Yahua Industrial Group

Market Cap: CN¥20.5b

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

Shanjin International Gold

Market Cap: CN¥63.3b

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

WONIK MaterialsLtd

Market Cap: ₩390.8b

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

Zhejiang Sanmei Chemical IndustryLtd

Market Cap: CN¥36.6b

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

Sylvania Platinum

Market Cap: UK£194.1m

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

Guizhou Chanhen Chemical

Market Cap: CN¥20.7b

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