Global Materials Potentially Undervalued Companies

Century Aluminum

Market Cap: €2.4b

Produces and sells standard-grade and value-added primary aluminum products in the United States and Iceland.

CEMATRIX

Market Cap: US$55.6m

Through its subsidiaries, engages in the onsite production of cellular concrete for infrastructure, industrial, and commercial construction markets in North America.

Richards Packaging Income Fund

Market Cap: CA$369.4m

Designs, manufactures, and distributes packaging containers and healthcare supplies and products in North America.

AptarGroup

Market Cap: US$8.6b

Designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets.

Smurfit Westrock

Market Cap: US$22.0b

Manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products.

U.S. Gold

Market Cap: US$223.8m

Engages in the exploration, evaluation, and development of mineral properties in the United States.

South32

Market Cap: €11.9b

Operates as a diversified metals and mining company.

K+S

Market Cap: €2.1b

Operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors in Europe, the United States, Asia, Africa, and Oceania.

Holcim

Market Cap: €36.3b

Provides building materials and solutions worldwide.

Newmont

Market Cap: €91.6b

Engages in the production and exploration of gold properties.

Can Tho Pesticides

Market Cap: ₫71.0b

Manufactures and sells agricultural chemicals in Vietnam and internationally.

ACICO Industries Company - K.S.C. (Public)

Market Cap: د.ك32.5m

Provides building materials, and construction and engineering services in Kuwait, the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and internationally.

SABIC Agri-Nutrients

Market Cap: ر.س56.4b

Engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients and chemical products in Singapore, the United States, India, the Kingdom of Saudi Arabia, the United Arab Emirates, Bangladesh, Pakistan, and internationally.

Saudi Lime Industries

Market Cap: ر.س280.9m

Manufactures and sells limestone products.

OQ Base Industries (SFZ) SAOG

Market Cap: ر.ع508.5m

Produces and sells base chemicals in the Sultanate of Oman and the United Arab Emirates.

Lion Asiapac

Market Cap: S$29.2m

An investment holding company, engages in lime manufacturing and sales activities in Malaysia and Singapore.

UBE

Market Cap: JP¥232.2b

Engages in the materials and machinery businesses in Japan, Asia, Europe, and internationally.

Tribune Resources

Market Cap: AU$339.5m

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

Ddev Plastiks Industries

Market Cap: ₹35.8b

Manufactures and sells customised plastic compounds in India and internationally.

Core Lithium

Market Cap: AU$278.4m

Engages in the development of lithium and various metal deposits in Northern Territory and South Australia.

Henan Mingtai Al.IndustrialLtd

Market Cap: CN¥17.1b

Produces and sells aluminum products in China.

Hubei Jianghan New Materials

Market Cap: CN¥9.0b

Develops, produces, and sells silane coupling agents, silane cross-linking agents, and other products in China.

Hailir Pesticides and Chemicals GroupLtd

Market Cap: CN¥4.8b

Hailir Pesticides and Chemicals Group Co.,Ltd.

Keshun Waterproof TechnolgiesLtd

Market Cap: CN¥5.6b

Keshun Waterproof Technology Co.,Ltd. engages in the research and development, production, and sale of new building waterproof materials.

Stanley Agriculture GroupLtd

Market Cap: CN¥10.6b

Engages in the research and development, production and sale of compound fertilizers in China.

Perimeter Solutions

Market Cap: Mex$3.1b

Manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally.

Voestalpine

Market Cap: Kč5.0b

Processes, develops, manufactures, and sells steel products in Austria, the European Union, and internationally.

JTL Industries

Market Cap: ₹27.9b

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

Champion Iron

Market Cap: AU$2.5b

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

Tarachi Gold

Market Cap: €4.2m

Engages in the exploration and evaluation of mineral properties.

Pan American Silver

Market Cap: CA$21.7b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil.

Metalla Royalty & Streaming

Market Cap: CA$771.8m

A precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada.

Clariant

Market Cap: CHF 2.4b

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

Jubilee Metals Group

Market Cap: UK£97.5m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

Ercros

Market Cap: €246.0m

Manufactures and sells basic chemicals, intermediate chemicals, and pharmaceuticals in Spain.

Tubacex

Market Cap: Mex$446.4m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.