Global Materials Potentially Undervalued Companies

Suzano

Market Cap: R$59.1b

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

Anhui Conch Cement

Market Cap: CN¥111.0b

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

Tokai Carbon

Market Cap: JP¥222.4b

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

Aurelia Metals

Market Cap: AU$457.2m

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

Aeris Resources

Market Cap: AU$443.0m

Explores, produces, and sells precious metals in Australia.

Aluminum Corporation of China

Market Cap: HK$231.7b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

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.

Aluminum Corporation of China

Market Cap: HK$231.7b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Aurelia Metals

Market Cap: AU$457.2m

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

Stanmore Resources

Market Cap: AU$2.0b

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

Duc Giang Chemicals Group

Market Cap: ₫20.2t

Manufactures industrial products in Vietnam.

Atalaya Mining Copper

Market Cap: €1.2b

Engages in the mineral exploration and development in Spain.

SergeFerrari Group

Market Cap: €78.6m

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

Transcontinental

Market Cap: CA$457.4m

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

Cabka

Market Cap: €49.4m

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

Axalta Coating Systems

Market Cap: US$6.3b

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.

Ero Copper

Market Cap: CA$4.0b

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

Wienerberger

Market Cap: €2.8b

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

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: €10.5b

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

Champion Iron

Market Cap: US$2.8b

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

IAMGOLD

Market Cap: CA$14.7b

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

SSR Mining

Market Cap: CA$9.4b

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

Transcontinental

Market Cap: €457.4m

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

Silgan Holdings

Market Cap: US$4.4b

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

Silvercorp Metals

Market Cap: CA$3.7b

Acquires, explores, develops, and mines mineral properties in China.

Akzo Nobel

Market Cap: €8.9b

Produces and sells paints and coatings worldwide.

Torex Gold Resources

Market Cap: US$6.1b

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

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.

HS Hyosung Advanced Materials

Market Cap: ₩980.7b

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

Yunnan Yuntianhua

Market Cap: CN¥62.0b

Manufactures and sells fertilizers in China and internationally.

YAMAMA Cement

Market Cap: ر.س4.9b

Manufactures and sells cement in Saudi Arabia.

Tianshan Aluminum GroupLtd

Market Cap: CN¥84.7b

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

Malayan Cement Berhad

Market Cap: RM 10.1b

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.

Jiangsu Yangnong Chemical

Market Cap: CN¥29.2b

Engages in the research, development, production, and sale of pesticides in China and internationally.