Global Materials Potentially Undervalued Companies

Beijing Oriental Yuhong Waterproof Technology

Market Cap: CN¥28.6b

Engages in research and development, production, and sale of waterproof materials in China, Hong Kong, Macau, and internationally.

Megalestari Epack Sentosaraya

Market Cap: Rp132.1b

Engages in plastic packaging business in Indonesia.

ISU Specialty Chemical

Market Cap: ₩1.4t

Engages in manufacturing and sale of fine chemical products and all-solid-state battery materials.

Shanghai Huafon Aluminium

Market Cap: CN¥16.5b

Engages in the research and development, production, and sales of aluminum sheets, strips, and foils.

ACL Plastics

Market Cap: LK₨5.3b

Manufactures, deals in, and markets cable grade PVC compounds in Sri Lanka.

Jinneng Science&TechnologyLtd

Market Cap: CN¥5.7b

An energy-focused industrial company, produces and distributes fine chemical and coal chemical products in China and internationally.

China Steel Chemical

Market Cap: NT$19.0b

Produces and sells coal chemicals and refined carbon materials in Taiwan, China, Australia, and internationally.

Jindal Saw

Market Cap: ₹131.3b

Engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally.

Sinolong New Materials

Market Cap: CN¥9.9b

Manufactures polymer and film materials.

POSCO STEELEON

Market Cap: ₩220.8b

Manufactures, processes, and sells steel products in South Korea and internationally.

Yiwu Huading NylonLtd

Market Cap: CN¥4.7b

Engages in the research, development, manufacture, and sale of nylon filaments primarily in China.

Fauji Fertilizer

Market Cap: PK₨645.4b

Manufactures, purchases, and markets fertilizers and chemicals in Pakistan.

Selic Corp

Market Cap: ฿1.6b

Together with other subsidiaries, engages in the production and distribution of industrial adhesives in Thailand.

JTL Industries

Market Cap: ₹27.9b

Manufactures and sells iron and steel products in India and internationally.

Dongyue Group

Market Cap: HK$19.9b

An investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, liquid alkali, and other products in the People's Republic of China and internationally.

Lam Dong Minerals and Building Materials

Market Cap: ₫1.5t

Manufactures and trades in construction materials in Vietnam.

Mastermyne Group

Market Cap: AU$39.7m

Provides mine operation, contracting, training, and related services in the mining and supporting industries in Australia.

Sree Rayalaseema Hi-Strength Hypo

Market Cap: ₹10.0b

Produces and sells industrial chemicals in India.

Selic Corp

Market Cap: ฿1.6b

Together with other subsidiaries, engages in the production and distribution of industrial adhesives in Thailand.

Lotte Chemical Titan Holding Berhad

Market Cap: RM 1.4b

Manufactures and sells petrochemical products and polyolefin resins in Malaysia, Indonesia, China, Southeast Asia, Northeast Asia, Indian Sub-Continent, and internationally.

Angang Steel

Market Cap: CN¥24.9b

Engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally.

Lee & Man Paper Manufacturing

Market Cap: HK$11.7b

Engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People’s Republic of China, Vietnam, Malaysia, Macau, and Hong Kong.

AirBoss of America

Market Cap: CA$142.3m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Tharisa

Market Cap: R6.9b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, an internationally.

Dangote Cement

Market Cap: ₦8.8t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Ternium

Market Cap: US$6.8b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Atome

Market Cap: UK£31.3m

Engages in producing, marketing, and distributing green hydrogen and ammonia in the United Kingdom, Costa Rica, Iceland, and Paraguay.

Stella-Jones

Market Cap: €4.3b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Silver Tiger Metals

Market Cap: CA$324.9m

Engages in the exploration and evaluation of mineral properties in Mexico.

Gemfields Group

Market Cap: €2.5b

Operates as a mining company.

Tharisa

Market Cap: €6.9b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, an internationally.

Mpact

Market Cap: R3.7b

Engages in the paper and plastic packaging, and recycling business in South Africa and internationally.

Lucara Diamond

Market Cap: €88.7m

A diamond mining company, engages in the development and operation of diamond properties in Africa.

Symrise

Market Cap: €10.2b

Operates as a supplier of fragrances, flavorings, cosmetic base materials and active ingredients, and functional ingredients and solutions in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America.

Chemical and Allied Products

Market Cap: ₦57.8b

Manufactures and sells paints and coatings in Nigeria.

Philex Mining

Market Cap: US$45.1b

Engages in the exploration, development, and utilization of mineral resources in the Philippines.