U.K. Materials Potentially Undervalued Companies

AMG Critical Materials

Market Cap: €1.1b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Resolute Mining

Market Cap: UK£2.0b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Vicat

Market Cap: €2.9b

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

Clariant

Market Cap: CHF 3.6b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

ERAMET

Market Cap: €1.2b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

Alamos Gold

Market Cap: CA$16.3b

Operates as a gold producer in Canada and Mexico.

Mosaic

Market Cap: US$7.0b

Through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients.

Caledonia Mining

Market Cap: UK£364.4m

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

Wesdome Gold Mines

Market Cap: CA$3.7b

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

Tubacex

Market Cap: €371.1m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Sylvania Platinum

Market Cap: UK£190.8m

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

Zotefoams

Market Cap: UK£228.6m

Manufactures, distributes, and sells foam materials in Europe, the Middle East, Africa, North America, and Asia.

Pan American Silver

Market Cap: CA$25.4b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala.

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.

Zotefoams

Market Cap: UK£228.6m

Manufactures, distributes, and sells foam materials in Europe, the Middle East, Africa, North America, and Asia.

Corbion

Market Cap: €1.1b

Provides lactic acid and derivatives, food preservation solutions, functional ingredient systems, and algae-derived nutritional ingredients in the Netherlands, the United States, Asia, rest of Americas, the rest of Europe, the Middle East, and Africa.

Chemours

Market Cap: US$2.5b

Provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.

Petropavlovsk

Market Cap: UK£47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.

Petra Diamonds

Market Cap: UK£20.6m

Engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania.

Gemfields Group

Market Cap: UK£1.1b

Operates as a mining company.

Outokumpu Oyj

Market Cap: €2.4b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Greatland Resources

Market Cap: UK£6.7b

Operates as a gold and copper mining company.

Huhtamäki Oyj

Market Cap: €3.2b

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

Gold Fields

Market Cap: US$481.0b

Operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, Peru, Canada, and Chile.

Kinross Gold

Market Cap: CA$38.3b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

Cementir Holding

Market Cap: €2.3b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Turkiye, Egypt, and the Asia Pacific.

Heidelberg Materials

Market Cap: €28.2b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Pan African Resources

Market Cap: UK£2.0b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Hochschild Mining

Market Cap: UK£2.2b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits.

Lundin Gold

Market Cap: SEK 19.0b

Develops and operates its mineral concessions in Ecuador.

AltynGold

Market Cap: UK£224.1m

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

Celanese

Market Cap: US$4.9b

Produces and sells engineered polymers worldwide.

AltynGold

Market Cap: UK£224.1m

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

Capital

Market Cap: UK£221.2m

Provides drilling, mining, mineral assaying, and surveying services.

Billerud

Market Cap: SEK 18.9b

Provides paper and packaging materials worldwide.

Serabi Gold

Market Cap: UK£189.3m

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