Global Materials High Return On Equity, Low Debt

Southern Copper

Market Cap: US$71.9b

Engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile.

Polyus

Market Cap: ₽1.1t

Public Joint Stock Company Polyus, together with its subsidiaries, engages in the extraction, refining, and sale of gold.

Solar Industries India

Market Cap: ₹1.2t

Engages in the manufacture and sale of industrial explosives and explosive initiating devices in India and internationally.

Lundin Gold

Market Cap: CA$16.3b

Operates as a mining company in Canada.

ALROSA

Market Cap: ₽482.1b

Public Joint Stock Company ALROSA, together with subsidiaries, operates as a diamond mining company.

Eagle Materials

Market Cap: US$7.7b

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

NewMarket

Market Cap: US$6.0b

Through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives.

Magnitogorsk Iron & Steel Works

Market Cap: ₽352.0b

Public Joint Stock Company Magnitogorsk Iron & Steel Works, together with its subsidiaries, produces and sells ferrous metal products in Russia and the CIS countries, the Middle East, South Africa, Asia, Europe, North America, and Africa.

CSN Mineração

Market Cap: R$31.8b

Engages in the iron ore mining business in Brazil.

Corporación Moctezuma. de

Market Cap: Mex$70.1b

Engages in the production, distribution, and sale of Portland cement, mortar, white cement, ready-mixed concrete and aggregates in Mexico.

Raspadskaya

Market Cap: ₽198.1b

Public Joint Stock Company Raspadskaya, together with its subsidiaries, engages in the mining of coking coal.

Castrol India

Market Cap: ₹197.6b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Sylvamo

Market Cap: US$2.1b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Nanshan Aluminium International Holdings

Market Cap: HK$15.1b

An investment holding company, engages in the production and sale of alumina in Southeast Asia.

Jiangsu Zhengdan Chemical Industry

Market Cap: CN¥13.3b

Jiangsu Zhengdan Chemical Industry Co., Ltd.

Akzo Nobel India

Market Cap: ₹156.4b

Manufactures, distributes, and sells paints and coatings in India and internationally.

Fauji Fertilizer

Market Cap: PK₨480.5b

Manufactures, purchases, and markets fertilizers and chemicals in Pakistan.

Misr Fertilizer Production

Market Cap: ج.م81.9b

Engages in the production and sale of fertilizers, ammonia, and nitrogen in Egypt.

Vinacomin - Minerals Holding

Market Cap: ₫37.9t

Engages in mining and mineral processing business.

Ora Banda Mining

Market Cap: AU$2.1b

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

Jai Balaji Industries

Market Cap: ₹104.3b

Manufactures and markets iron and steel products primarily in India.

KuibyshevAzot

Market Cap: ₽68.4b

Public Joint Stock Company KuibyshevAzot, together with its subsidiaries, engages in the manufacture, distribution, and sale of various chemicals in Russia, Asia, rest of Europe, and internationally.

East Pipes Integrated Company for Industry

Market Cap: ر.س4.0b

Manufactures and sells pipes, tubes, and hollow shapes from iron and steel in the Kingdom of Saudi Arabia.

Cita Mineral Investindo

Market Cap: Rp16.2t

Engages in bauxite mining activities in Indonesia.

Catalyst Metals

Market Cap: AU$1.4b

Explores and evaluates mineral properties in Australia.

Alphamin Resources

Market Cap: CA$1.2b

Engages in the production and sale of tin concentrate.

Bestway Cement

Market Cap: PK₨231.7b

Engages in the production and sale of cement in Pakistan.

KeePer Technical Laboratory

Market Cap: JP¥116.9b

Develops, manufactures, and sells car coatings, car washing chemicals and equipment, and other products in Japan.

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.6b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

PAM Mineral

Market Cap: Rp10.2t

Together with its subsidiary, PT Indrabakti Mustika, engages in mining and quarrying of mineral properties in Indonesia.

Hume Cement Industries Berhad

Market Cap: RM 2.0b

An investment holding company, manufactures and sells cement, concrete, and related products in Malaysia.

Sidi Kerir Petrochemicals

Market Cap: ج.م19.5b

Engages in the production and sale of polyethylene in Egypt and internationally.

Arabian Pipes

Market Cap: ر.س1.3b

Engages in the production and marketing of steel tubes in the Kingdom of Saudi Arabia.

Mohammed Hadi Al-Rasheed

Market Cap: ر.س1.3b

Produces silica sand for various industrial applications.

Nordic Paper Holding

Market Cap: SEK 3.4b

Engages in the production and sale of natural greaseproof and kraft paper in Sweden, Italy, Germany, the United Kingdom, rest of Europe, the United States, and internationally.

Thor Explorations

Market Cap: CA$432.4m

Operates as a gold producer and explorer.