U.K. Materials Potentially Undervalued Companies

Pan African Resources

Market Cap: UK£2.7b

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

Axalta Coating Systems

Market Cap: US$5.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

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.

Lundin Mining

Market Cap: SEK 27.4b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

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.

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.

Vidrala

Market Cap: €2.7b

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.

CPH Group

Market Cap: CHF 347.7m

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

Gränges

Market Cap: SEK 15.1b

Engages in the development, production, and distribution of rolled aluminum products in the Americas, Asia, and Europe.

Navigator Company

Market Cap: €2.4b

Manufactures and markets pulp and paper products 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.

Tessenderlo Group

Market Cap: €1.2b

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

Wesdome Gold Mines

Market Cap: CA$3.4b

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

B2Gold

Market Cap: CA$7.9b

Operates as a gold producer company in Canada.

Zotefoams

Market Cap: UK£167.3m

Manufactures, distributes, and sells polyolefin foams in the United Kingdom, rest of Europe, North America, and internationally.

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.

Boliden

Market Cap: SEK 131.8b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Boliden

Market Cap: SEK 131.8b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Akzo Nobel

Market Cap: €8.5b

Produces and sells paints and coatings worldwide.

Atalaya Mining Copper

Market Cap: UK£1.0b

Engages in the mineral exploration and development in Spain.

Atalaya Mining Copper

Market Cap: UK£1.0b

Engages in the mineral exploration and development in Spain.

Akzo Nobel

Market Cap: €8.5b

Produces and sells paints and coatings worldwide.

Zotefoams

Market Cap: UK£167.3m

Manufactures, distributes, and sells polyolefin foams in the United Kingdom, rest of Europe, North America, and internationally.

Crown Holdings

Market Cap: US$11.1b

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

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$4.0b

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

Torex Gold Resources

Market Cap: CA$5.5b

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

Pan African Resources

Market Cap: UK£2.7b

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

Groupe Guillin

Market Cap: €382.7m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

Petropavlovsk

Market Cap: UK£47.5m

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

Vicat

Market Cap: €2.8b

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

Scotts Miracle-Gro

Market Cap: US$3.5b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

Hochschild Mining

Market Cap: UK£2.9b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.

Resolute Mining

Market Cap: UK£2.7b

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

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.

Galiano Gold

Market Cap: CA$818.3m

Operates as a gold mining company.