Global Materials Undervalued Dividend Payers

Rio Tinto Group

Market Cap: UK£119.3b

Engages in exploring, mining, and processing mineral resources worldwide.

Asahi Kasei

Market Cap: JP¥2.4t

Engages in material, homes, healthcare businesses.

Endeavour Mining

Market Cap: CA$20.0b

Operates as a multi-asset gold producer in West Africa.

Tianshan Aluminum GroupLtd

Market Cap: CN¥83.3b

Produces and sells primary aluminum, alumina, prebaked anodes, high-purity aluminum, and aluminum deep-processed products and materials in China and internationally.

Citic Pacific Special Steel Group

Market Cap: CN¥78.4b

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥78.3b

Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide.

Western MiningLtd

Market Cap: CN¥76.3b

Engages in the mining, smelting, and trading of metals in Mainland China and internationally.

Satellite ChemicalLtd

Market Cap: CN¥75.5b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥71.1b

Henan Shenhuo Coal Industry and Electricity Power Co.

Yunnan Yuntianhua

Market Cap: CN¥65.1b

Manufactures and sells phosphate and nitrogen fertilizers and formaldehyde copolymers in China.

Ternium

Market Cap: US$8.5b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Kobe Steel

Market Cap: JP¥897.0b

Engages in the materials, machinery, and electric power businesses worldwide.

Aneka Tambang

Market Cap: Rp93.5t

Operates as a diversified metals and mining company in Indonesia.

Johnson Matthey

Market Cap: UK£3.9b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Titan

Market Cap: €4.1b

Engages in the production, trade, and distribution of construction materials in Greece, the Balkans, Egypt, Türkiye, the United States, and Brazil.

Trimegah Bangun Persada

Market Cap: Rp81.3t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore.

Regis Resources

Market Cap: AU$6.3b

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

Mitsubishi Gas Chemical Company

Market Cap: JP¥653.6b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Vicat

Market Cap: €3.5b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥27.5b

Engages in the research, design, development, production, and sale of paper printing and packaging products in China and internationally.

Cabot

Market Cap: US$3.9b

Operates as a specialty chemicals and performance materials company.

Wienerberger

Market Cap: €3.3b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

Kemira Oyj

Market Cap: €3.1b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Adeka

Market Cap: JP¥488.2b

Engages in chemicals, food products, and life science businesses.

HEXPOL

Market Cap: SEK 25.9b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Daicel

Market Cap: JP¥407.5b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

NV Bekaert

Market Cap: €2.2b

Provides steel wire transformation and coating technologies worldwide.

Zeon

Market Cap: JP¥369.5b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

Rengo

Market Cap: JP¥360.8b

Manufactures and sells paperboard and packaging-related products in Asia, Europe, and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥14.3b

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

Kaneka

Market Cap: JP¥303.5b

Engages in the manufacture and sale of polyvinyl chloride (PVC), crosslinked PVC, PVC-PVAc polymers, paste PVC, acryl grafted-vinyl chloride copolymer, and chlorinated PVC in Japan and internationally.

Gränges

Market Cap: SEK 17.0b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

Perenti

Market Cap: AU$2.4b

Operates as a mining services company worldwide.

Scientex Berhad

Market Cap: RM 6.1b

An investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products.

Fuji Seal International

Market Cap: JP¥178.0b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

Corticeira Amorim S.G.P.S

Market Cap: €912.4m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.