Global Materials Potentially Undervalued Companies

Central Asia Metals

Market Cap: €294.8m

Operates as a base metals producer.

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.

Akzo Nobel

Market Cap: €8.8b

Produces and sells paints and coatings worldwide.

Regis Resources

Market Cap: US$5.3b

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

Ero Copper

Market Cap: CA$3.7b

Engages in the exploration, development, and production of mining projects in Brazil.

Torex Gold Resources

Market Cap: US$6.3b

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

Wesdome Gold Mines

Market Cap: €3.8b

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

Regis Resources

Market Cap: €5.3b

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

Cabka

Market Cap: €39.2m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

Tokuyama

Market Cap: €271.2b

Produces and sells various chemical products in Japan.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

Silgan Holdings

Market Cap: US$4.4b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States 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.

Champion Iron

Market Cap: US$2.5b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Suzano

Market Cap: R$66.0b

Manufactures and sells pulp and paper products in Brazil 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.

OceanaGold

Market Cap: €10.9b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

IAMGOLD

Market Cap: CA$16.0b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

AMG Critical Materials

Market Cap: €1.1b

Develops, produces, and sells energy storage materials.

Andean Precious Metals

Market Cap: €1.2b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.

Axalta Coating Systems

Market Cap: US$6.0b

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.

Sonoco Products

Market Cap: €5.3b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Nippon Paint Holdings

Market Cap: JP¥2.4t

Engages in the paints and fine chemicals businesses.

Aurelia Metals

Market Cap: AU$440.1m

Engages in the exploration and production of mineral properties in Australia.

Aeris Resources

Market Cap: AU$490.8m

Explores, produces, and sells precious metals in Australia.

Fauji Cement

Market Cap: PK₨90.4b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Tokai Carbon

Market Cap: JP¥199.6b

Manufactures and sells carbon-related products and services in Japan.

Hoa Phat Group

Market Cap: ₫206.5t

Produces and sells steel products in Vietnam.

Aurelia Metals

Market Cap: AU$440.1m

Engages in the exploration and production of mineral properties in Australia.

Regis Resources

Market Cap: AU$5.3b

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

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.

YAMAMA Cement

Market Cap: ر.س5.0b

Engages in the manufacture, production, and trading of cement in Saudi Arabia.

Aeris Resources

Market Cap: €502.8m

Explores, produces, and sells precious metals in Australia.

Fortuna Mining

Market Cap: €4.3b

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

Tokai Carbon

Market Cap: €202.5b

Manufactures and sells carbon-related products and services in Japan.

Flotek Industries

Market Cap: US$530.1m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.