Global Materials Potentially Undervalued Companies

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

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

Stanmore Resources

Market Cap: AU$2.3b

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

Fauji Cement

Market Cap: PK₨95.6b

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

Tokai Carbon

Market Cap: JP¥196.1b

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

Hyosung TNC

Market Cap: ₩1.7t

Manufactures and sells fiber in South Korea and internationally.

Regis Resources

Market Cap: AU$4.8b

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

Aurelia Metals

Market Cap: AU$397.9m

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

Vedanta

Market Cap: ₹2.6t

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

Aeris Resources

Market Cap: AU$484.9m

Explores, produces, and sells precious metals in Australia.

Regis Resources

Market Cap: US$4.8b

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

Northam Platinum Holdings

Market Cap: €126.3b

Through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals.

Regis Resources

Market Cap: €4.8b

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

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

Hoa Phat Group

Market Cap: ₫204.9t

Produces and sells steel products in Vietnam.

Aurelia Metals

Market Cap: AU$397.9m

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

Cabka

Market Cap: €44.0m

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

Andean Precious Metals

Market Cap: €1.0b

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

Pan African Resources

Market Cap: UK£2.6b

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

AMG Critical Materials

Market Cap: €1.0b

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

Silgan Holdings

Market Cap: US$4.2b

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

AMG Critical Materials

Market Cap: US$1.0b

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

Ero Copper

Market Cap: CA$3.6b

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

Wesdome Gold Mines

Market Cap: €3.5b

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

IAMGOLD

Market Cap: CA$14.4b

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

Lundin Mining

Market Cap: US$27.8b

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

Sonoco Products

Market Cap: €5.2b

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

SSR Mining

Market Cap: CA$7.2b

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

Wienerberger

Market Cap: €2.4b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

Victrex

Market Cap: UK£473.5m

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

Tokuyama

Market Cap: €267.9b

Produces and sells various chemical products in Japan.

Akzo Nobel

Market Cap: €8.1b

Produces and sells paints and coatings worldwide.

Atalaya Mining Copper

Market Cap: €1.1b

Engages in the mineral exploration and development in Spain.

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.

Umicore

Market Cap: €3.7b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

Champion Iron

Market Cap: US$2.5b

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

Torex Gold Resources

Market Cap: US$5.7b

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