Global Materials Potentially Undervalued Companies

Stora Enso Oyj

Market Cap: €7.3b

Provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally.

James Cropper

Market Cap: €28.7m

Manufactures and sells paper products and advanced materials.

PPG Industries

Market Cap: US$23.5b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Indocement Tunggal Prakarsa

Market Cap: €22.1t

Manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Nippon Steel

Market Cap: €3.3t

Engages in steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally.

Outokumpu Oyj

Market Cap: €1.7b

Produces and sells various stainless steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Worthington Steel

Market Cap: €1.4b

Operates as a steel processor in North America.

Aimia

Market Cap: CA$286.5m

Invests in public and private companies.

Resonac Holdings

Market Cap: €915.6b

Operates as a chemical company in Japan, China, rest of Asia, and internationally.

Ero Copper

Market Cap: US$2.7b

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

Ardagh Metal Packaging

Market Cap: US$2.3b

Operates as a metal beverage can company in Europe, the United States, and Brazil.

Fortescue

Market Cap: US$58.8b

Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Holcim

Market Cap: €36.3b

Provides building materials and solutions worldwide.

Lenzing

Market Cap: €979.0m

Produces and markets regenerated cellulosic fibers for textiles and nonwovens.

Groupe Guillin

Market Cap: €532.4m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

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.

Nippon Steel

Market Cap: US$3.3t

Engages in steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally.

Hudbay Minerals

Market Cap: CA$7.7b

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

Holcim

Market Cap: CHF 36.3b

Provides building materials and solutions worldwide.

Evonik Industries

Market Cap: €6.8b

Produces and sells specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America.

LANXESS

Market Cap: €1.9b

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.

Serabi Gold

Market Cap: €188.2m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Thor Explorations

Market Cap: €825.0m

Operates as a gold producer and explorer.

ERAMET

Market Cap: US$1.6b

Produces and sells manganese and nickel in France, Europe, North America, China, Other Asia, Oceania, Africa, South America, and internationally.

Aurubis

Market Cap: €4.5b

Processes metal concentrates and recycling materials in Germany.

Verallia Société Anonyme

Market Cap: €2.8b

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

Rio Tinto Group

Market Cap: €82.9b

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

GCC. de

Market Cap: Mex$57.2b

Through its subsidiaries, produces, markets, and distributes cement, aggregates, ready-mix concrete, and other materials for the construction industry in Mexico and the United States.

Companhia Siderúrgica Nacional

Market Cap: R$10.6b

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

Rio Tinto Group

Market Cap: US$82.9b

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

Clariant

Market Cap: US$2.4b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

West African Resources

Market Cap: US$3.5b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

ArcelorMittal

Market Cap: CHF 18.8b

Operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.

Transcontinental

Market Cap: US$1.6b

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

Arkema

Market Cap: US$4.1b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Bowen Coking Coal

Market Cap: AU$8.1m

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