Global Materials Undervalued Dividend Payers

Rio Tinto Group

Market Cap: UK£102.2b

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

Shin-Etsu Chemical

Market Cap: JP¥9.2t

Provides infrastructure, electronics, and functional materials in Japan.

Holcim

Market Cap: CHF 41.8b

Provides building materials and solutions worldwide.

AngloGold Ashanti

Market Cap: US$45.4b

Operates as a gold mining company in Africa, Australia, and the Americas.

Nutrien

Market Cap: CA$42.0b

Provides crop inputs and services.

Jiangxi Copper

Market Cap: HK$162.3b

Engages in mining, smelting, and processing of copper and gold in Chinese Mainland, China, Hong Kong, and internationally.

RPM International

Market Cap: US$13.6b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Endeavour Mining

Market Cap: CA$17.5b

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

Asahi Kasei

Market Cap: JP¥1.9t

Engages in material, homes, healthcare businesses.

Citic Pacific Special Steel Group

Market Cap: CN¥81.0b

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

Tianshan Aluminum GroupLtd

Market Cap: CN¥71.9b

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

China Jushi

Market Cap: CN¥66.4b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Western MiningLtd

Market Cap: CN¥65.5b

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

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥61.2b

Henan Shenhuo Coal Industry and Electricity Power Co.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥61.2b

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

Yunnan Yuntianhua

Market Cap: CN¥59.8b

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

Satellite ChemicalLtd

Market Cap: CN¥58.4b

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

China Nonferrous Mining

Market Cap: HK$56.8b

An investment holding company, engages in the exploration, mining, ore processing, leaching, smelting, and sale of copper and cobalt in Zambia and the Democratic Republic of Congo.

Mondi

Market Cap: UK£3.9b

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia.

Kobe Steel

Market Cap: JP¥807.8b

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

Johnson Matthey

Market Cap: UK£3.6b

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.

Aneka Tambang

Market Cap: Rp77.4t

Operates as a diversified metals and mining company in Indonesia.

Sumitomo Chemical Company

Market Cap: JP¥724.5b

Engages in Agro & Life Solutions, ICT & Mobility Solutions, Advanced Medical Solutions, Essential & Green Materials, and Sumitomo Pharma.

Trimegah Bangun Persada

Market Cap: Rp69.9t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing business in China, Switzerland, Sweden, and Indonesia.

Regis Resources

Market Cap: AU$5.9b

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

Wienerberger

Market Cap: €3.3b

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

ShenZhen YUTO Packaging Technology

Market Cap: CN¥26.3b

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

Huhtamäki Oyj

Market Cap: €3.0b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Mitsubishi Gas Chemical Company

Market Cap: JP¥559.3b

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

Bluestar Adisseo

Market Cap: CN¥24.0b

Engages in the research, development, production, and sale of poultry, ruminant, swine, and aquaculture nutrition additives.

Greif

Market Cap: US$3.4b

Produces and sells industrial packaging products and services worldwide.

Kemira Oyj

Market Cap: €2.9b

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

HEXPOL

Market Cap: SEK 29.7b

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.

Kansai Paint

Market Cap: JP¥435.1b

Manufactures and sells paints and coatings in Japan, India, the United States, China, Asia, Africa, Europe, and internationally.

Adeka

Market Cap: JP¥386.9b

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

Grupa Kety

Market Cap: zł8.8b

Produces and sells aluminum profiles and components in Poland and internationally.