Global Materials Potentially Undervalued Companies

Champion Iron

Market Cap: US$2.6b

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

Hyosung TNC

Market Cap: ₩1.7t

Manufactures and sells fiber in South Korea and internationally.

Aurelia Metals

Market Cap: AU$389.5m

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

Hoa Phat Group

Market Cap: ₫199.2t

Produces and sells steel products in Vietnam.

Vedanta

Market Cap: ₹2.5t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.1b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Regis Resources

Market Cap: AU$4.5b

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

China Hongqiao Group

Market Cap: HK$339.7b

An investment holding company, manufactures and sells aluminum products.

Tokai Carbon

Market Cap: JP¥199.2b

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

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

Aurelia Metals

Market Cap: AU$389.5m

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

Aeris Resources

Market Cap: AU$478.9m

Explores, produces, and sells precious metals in Australia.

Duc Giang Chemicals Group

Market Cap: ₫19.9t

Manufactures industrial products in Vietnam.

China Hongqiao Group

Market Cap: HK$339.7b

An investment holding company, manufactures and sells aluminum products.

Wesdome Gold Mines

Market Cap: €3.2b

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

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.

IAMGOLD

Market Cap: CA$13.6b

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

Transcontinental

Market Cap: CA$421.4m

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

Sonoco Products

Market Cap: €5.1b

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

Pan African Resources

Market Cap: UK£2.6b

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

Ero Copper

Market Cap: CA$3.5b

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

Andean Precious Metals

Market Cap: €936.2m

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

Cabka

Market Cap: €43.0m

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

Torex Gold Resources

Market Cap: US$5.4b

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

Victrex

Market Cap: UK£484.0m

Through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide.

Axalta Coating Systems

Market Cap: US$5.6b

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.

Transcontinental

Market Cap: €421.4m

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

Akzo Nobel

Market Cap: €8.4b

Produces and sells paints and coatings worldwide.

OceanaGold

Market Cap: €9.6b

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

Atalaya Mining Copper

Market Cap: €1.1b

Engages in the mineral exploration and development in Spain.

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.

Regis Resources

Market Cap: €4.5b

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

AMG Critical Materials

Market Cap: US$1.1b

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

SSR Mining

Market Cap: CA$6.8b

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

Tokuyama

Market Cap: €267.8b

Produces and sells various chemical products in Japan.

Regis Resources

Market Cap: US$4.5b

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