U.K. Materials Potentially Undervalued Companies

AMG Critical Materials

Market Cap: €1.3b

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

Kinross Gold

Market Cap: CA$42.7b

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

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.

CPH Group

Market Cap: CHF 342.9m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.

Billerud

Market Cap: SEK 15.5b

Provides paper and packaging materials worldwide.

Celanese

Market Cap: US$5.9b

Produces and sells engineered polymers worldwide.

Vidrala

Market Cap: €2.8b

Engages in the manufacture and sale of glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Tessenderlo Group

Market Cap: €1.2b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Breedon Group

Market Cap: UK£1.0b

Engages in the quarrying, manufacture, and sale of construction materials and building products in the Great Britain, Ireland, and the United States.

Caledonia Mining

Market Cap: UK£389.7m

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

SSR Mining

Market Cap: CA$7.9b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Tubacex

Market Cap: €405.5m

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

Zotefoams

Market Cap: UK£224.6m

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

Sylvania Platinum

Market Cap: UK£246.9m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Zotefoams

Market Cap: UK£224.6m

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

Crown Holdings

Market Cap: US$10.9b

Engages in the packaging business in the United States and internationally.

LyondellBasell Industries

Market Cap: US$20.8b

Operates as a chemical company in the United States, Germany, China, Mexico, Italy, Japan, France, Poland, the Netherlands, and internationally.

Torex Gold Resources

Market Cap: CA$5.3b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Breedon Group

Market Cap: UK£1.0b

Engages in the quarrying, manufacture, and sale of construction materials and building products in the Great Britain, Ireland, and the United States.

Fortuna Mining

Market Cap: CA$3.8b

Engages in the precious and base metal mining and related activities in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.

Petropavlovsk

Market Cap: UK£47.5m

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

Lundin Gold

Market Cap: SEK 18.6b

Develops and operates its mineral concessions in Ecuador.

Avery Dennison

Market Cap: US$12.2b

Operates as a materials science and digital identification solutions company in the North America, Europe, the Middle East, North Africa, Asia, and Latin America.

Vicat

Market Cap: €2.9b

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

Resolute Mining

Market Cap: UK£2.4b

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

Huhtamäki Oyj

Market Cap: €2.9b

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

Aluminium Bahrain B.S.C

Market Cap: US$1.3b

Manufactures and sells aluminum and aluminum related products in the Kingdom of Bahrain, Europe, rest of Middle East, North Africa, Asia, and the Americas.

Pan African Resources

Market Cap: UK£2.3b

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

Gemfields Group

Market Cap: UK£1.5b

Operates as a mining company.

Vidrala

Market Cap: €2.8b

Engages in the manufacture and sale of glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Petra Diamonds

Market Cap: UK£21.4m

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

Heidelberg Materials

Market Cap: €32.9b

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

Kemira Oyj

Market Cap: €2.5b

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

H+H International

Market Cap: DKK 1.5b

Engages in the provision of wall building materials and solutions in the United Kingdom, Central Western Europe, and Poland.

AltynGold

Market Cap: UK£300.7m

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

Ball

Market Cap: US$15.2b

Supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally.