Global Materials Potentially Undervalued Companies

O-I Glass

Market Cap: US$2.0b

Through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.

Rio Tinto Group

Market Cap: US$82.9b

Engages in exploring, mining, and processing mineral resources worldwide.

Geodrill

Market Cap: US$159.9m

Provides mineral exploration drilling services to the mining companies in West Africa, Egypt, Chile, and Peru.

thyssenkrupp

Market Cap: €7.1b

Operates as an industrial and technology company in Germany and internationally.

Boliden

Market Cap: SEK 104.0b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Hillgrove Resources

Market Cap: AU$109.8m

Engages in the operation, exploration, and development of mineral properties in Australia.

Hillgrove Resources

Market Cap: AU$109.8m

Engages in the operation, exploration, and development of mineral properties in Australia.

Grupo México. de

Market Cap: US$1.1t

Engages in copper production, cargo transportation, and infrastructure businesses worldwide.

Hudbay Minerals

Market Cap: US$7.7b

A diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America.

Gerdau

Market Cap: US$32.4b

Operates as a steel producer company.

K92 Mining

Market Cap: US$3.9b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

Johnson Matthey

Market Cap: US$3.3b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Steel Dynamics

Market Cap: US$20.0b

Operates as a steel producer and metal recycler in the United States.

Andean Precious Metals

Market Cap: CA$1.1b

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

Huntsman

Market Cap: US$1.5b

Manufactures and sells diversified organic chemical products worldwide.

Perseus Mining

Market Cap: CA$6.4b

Explores, evaluates, develops, and mines for gold properties in Ghana, Côte d’Ivoire, Tanzania, and Sudan.

Companhia Siderúrgica Nacional

Market Cap: US$10.5b

Operates as an integrated steel producer in Brazil and Latin America.

Tronox Holdings

Market Cap: US$618.2m

Operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific.

Fortuna Mining

Market Cap: CA$3.7b

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

CEMEX. de

Market Cap: US$241.7b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Allied Gold

Market Cap: US$2.7b

Explores and produces mineral deposits in Africa.

ALROSA

Market Cap: ₽482.1b

Public Joint Stock Company ALROSA, together with subsidiaries, operates as a diamond mining company.

Harmony Gold Mining

Market Cap: €184.3b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australasia.

LANXESS

Market Cap: €2.0b

Operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide.

Verallia Société Anonyme

Market Cap: €2.8b

Manufactures and sells glass packaging products for beverages and food products worldwide.

Rio Tinto Group

Market Cap: €83.8b

Engages in exploring, mining, and processing mineral resources worldwide.

Johnson Matthey

Market Cap: UK£3.3b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Holcim

Market Cap: CHF 35.8b

Provides building materials and solutions worldwide.

Rana Gruber

Market Cap: €2.5b

Engages in the mining, processing, and sale of iron ore concentrate in Norway, the United Kingdom, Sweden, the United States, and internationally.

Holcim

Market Cap: €35.8b

Provides building materials and solutions worldwide.

Alcoa

Market Cap: €8.1b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

James Cropper

Market Cap: €29.1m

Manufactures and sells paper products and advanced materials.

Orezone Gold

Market Cap: €830.9m

Engages in the mining, exploration, and development of gold properties.

Synthomer

Market Cap: UK£119.2m

Manufactures and supplies specialised polymers and ingredients for coatings, construction, adhesives, and health and protection sectors.

Methanex

Market Cap: €4.2b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Aluminum Corporation of China

Market Cap: €138.9b

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