Global Materials Potentially Undervalued Companies

Tokai Carbon

Market Cap: JP¥222.0b

Engages in the manufacture and sale of carbon-related products and services in Japan.

Stanmore Resources

Market Cap: AU$2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally.

Anhui Conch Cement

Market Cap: CN¥111.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Aurelia Metals

Market Cap: AU$465.7m

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

Duc Giang Chemicals Group

Market Cap: ₫20.8t

Manufactures industrial products in Vietnam.

Aeris Resources

Market Cap: AU$454.9m

Explores, produces, and sells precious metals in Australia.

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.

Stanmore Resources

Market Cap: €2.3b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

AMG Critical Materials

Market Cap: US$1.2b

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

AMG Critical Materials

Market Cap: €1.2b

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

Tessenderlo Group

Market Cap: €1.2b

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

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

Andean Precious Metals

Market Cap: €1.1b

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

OceanaGold

Market Cap: €10.2b

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

Akzo Nobel

Market Cap: €9.0b

Produces and sells paints and coatings worldwide.

Transcontinental

Market Cap: €473.1m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

Cabka

Market Cap: €47.9m

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

Torex Gold Resources

Market Cap: US$5.9b

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

SergeFerrari Group

Market Cap: €78.8m

Designs, develops, manufactures, and markets composite materials for lightweight architectural and outdoor applications in France and internationally.

Silgan Holdings

Market Cap: US$4.3b

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

Suzano

Market Cap: R$58.8b

Manufactures and sells pulp and paper products in Brazil and internationally.

Aurelia Metals

Market Cap: AU$465.7m

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

SSR Mining

Market Cap: CA$9.3b

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

IAMGOLD

Market Cap: CA$15.6b

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

Transcontinental

Market Cap: CA$473.1m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, 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.

Zhejiang Juhua

Market Cap: CN¥92.1b

Researches, develops, produces, and sells chemical raw materials, food packaging materials, fluorine chemical raw materials, and subsequent products in China.

HS Hyosung Advanced Materials

Market Cap: ₩998.6b

Engages in the business of industrial materials in Korea, Asia, Europe, and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥30.4b

Manufactures nutritional products and solutions in China and internationally.

Malayan Cement Berhad

Market Cap: RM 9.9b

An investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, drymix, quarry, and other building materials and related products primarily in Malaysia and Singapore.

Yunnan Yuntianhua

Market Cap: CN¥61.6b

Manufactures and sells fertilizers in China and internationally.

Gulf Oil Lubricants India

Market Cap: ₹47.0b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

Tianshan Aluminum GroupLtd

Market Cap: CN¥90.8b

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

TOA Paint (Thailand)

Market Cap: ฿24.8b

Manufactures and distributes paints and chemicals in Thailand, Vietnam, Laos, Myanmar, Cambodia, Indonesia, and Malaysia.

YAMAMA Cement

Market Cap: ر.س4.9b

Manufactures and sells cement in Saudi Arabia.