Global Materials Undiscovered Gems With Strong Fundamentals

Mitani Sekisan

Market Cap: JP¥144.7b

Produces and sells concrete products in Japan.

GDH Guangnan (Holdings)

Market Cap: HK$780.5m

An investment holding company, engages in the distribution and trading of fresh and live foodstuffs in Hong Kong, Mainland China, Asian countries, and internationally.

Willdale

Market Cap: US$89.7m

Manufactures and sells clay bricks in Zimbabwe.

Alexandria Mineral Oils

Market Cap: ج.م9.0b

Engages in the production and sale of oil products in Egypt and internationally.

Mermeren Kombinat AD

Market Cap: €165.0m

Engages in mining, processing, and distribution of marble and decorative stones under the SIVEC brand name in North Macedonia, China, Greece, Balkan region, and internationally.

One and one Green Technologies

Market Cap: US$275.3m

A waste materials and scrap metal recycling company, engages in the recycling, production, and trading of recycled scrap metals in the Philippines.

Umm Al-Qura Cement

Market Cap: ر.س709.0m

Manufactures and sells clinker and cement products in the Kingdom of Saudi Arabia.

Nexa Resources PerúA

Market Cap: S/2.6b

Engages in the exploration, exploitation, production, and commercialization of metals in Peru, the United States, Europe, and Asia.

Greatview Aseptic Packaging

Market Cap: HK$3.5b

An investment holding company, provides packaging solutions to the liquid food industry in the People's Republic of China and internationally.

Argus (Shanghai) Textile ChemicalsLtd

Market Cap: CN¥3.9b

Argus (Shanghai) Textile Chemicals Co.,Ltd.

CAC Nantong Chemical

Market Cap: CN¥12.6b

Engages in the research and development, production, and sale of pesticide products and functional chemicals in China, South America, North America, the Southeast Asia, Europe, and internationally.

FSPG Hi-Tech

Market Cap: CN¥11.5b

Manufactures and sells plastic materials in China.

Anhui Huilong Agricultural Means of ProductionLtd

Market Cap: CN¥5.2b

Anhui Huilong Agricultural Means of Production Co.,Ltd.

Shandong Kaisheng New MaterialsLtd

Market Cap: CN¥10.7b

Engages in the research and development, production, and sale of fine chemical products and new polymer materials in Mainland China, Japan, South Korea, the United States, and internationally.

Vontron Technology

Market Cap: CN¥5.7b

Researches, develops, manufactures, and sells separation membranes and related materials in China and internationally.

Sichuan Gold

Market Cap: CN¥11.8b

Engages in the gold mining business.

Global Ferronickel Holdings

Market Cap: ₱6.0b

Engages in mining, production, and exporting of nickel ores.

Manaksia Coated Metals & Industries

Market Cap: ₹14.4b

Manufactures and sells coated metal products in India and internationally.

Jiangsu Jiuding New Material

Market Cap: CN¥5.4b

Produces and sells glass fiber yarn, fabrics, and FRP products in China.

Yushiro

Market Cap: JP¥36.6b

Manufactures and sells metalworking oils and fluids, and building maintenance products in Japan, the Americas, the United States, China, Southeast Asia, and India.

Namhae Chemical

Market Cap: ₩324.6b

Produces and sells agricultural chemical in South Korea and internationally.

Jiangyin Zhongnan Heavy IndustriesLtd

Market Cap: CN¥6.7b

Engages in the production and sale of metal pipe fittings, flanges, pipe systems, and pressure vessels primarily in China.

Guangdong Orient Zirconic Ind Sci & TechLtd

Market Cap: CN¥9.5b

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

Tribune Resources

Market Cap: AU$317.4m

Engages in the development, exploration, and production of mineral properties in Australia.

Ton Yi Industrial

Market Cap: NT$28.7b

Engages in the manufacturing and sale of tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally.

Dragon Mining

Market Cap: HK$1.3b

Engages in the exploration, evaluation, and development of gold projects in the Nordic region.

Shanghai Huide Science & TechnologyLtd

Market Cap: CN¥3.3b

Engages in the research, production, sale, and service of polyurethane resin for leather and polyurethane elastomer related products in China and internationally.

Guangdong Silver Age Sci & TechLtd

Market Cap: CN¥4.4b

Engages in the research, development, production, and sale of polymer materials in China.

LIAONING ENERGY INDUSTRYLTD

Market Cap: CN¥5.1b

Engages in the coal mining and washing business in China.

Shenyang Chemical

Market Cap: CN¥3.0b

Provides chlor-alkali chemicals, deep oil processing and new chemical materials in China and internationally.

Shandong Taihe Technologies

Market Cap: CN¥5.9b

Manufactures and sells water treatment chemicals in China and internationally.

Guangdong Tengen Industrial GroupLtd

Market Cap: CN¥2.3b

Guangdong Tengen Industrial Group Co.,Ltd.

China Silver Group

Market Cap: HK$2.2b

An investment holding company, manufactures, trades in, and sells silver ingots, palladium, and other non-ferrous metals in the People’s Republic of China.

Jiangsu Shagang

Market Cap: CN¥12.4b

Engages in the development, smelting, processing, and sale of ferrous metals in China and internationally.

Yip's Chemical Holdings

Market Cap: HK$1.1b

An investment holding company, produces and sells petrochemical products in the People’s Republic of China, Hong Kong, and internationally.

Sandur Manganese & Iron Ores

Market Cap: ₹104.9b

Together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka.