Global Materials Potentially Undervalued Companies

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.

Foraco International

Market Cap: CA$216.4m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Myers Industries

Market Cap: €621.4m

Engages in distribution of tire service supplies in Ohio.

Covestro

Market Cap: €11.0b

Supplies high-tech polymer materials and application solutions.

DRDGOLD

Market Cap: US$2.3b

A gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa.

Boryszew

Market Cap: zł1.2b

Engages in the automotive, metals and chemical industries in Poland and internationally.

AptarGroup

Market Cap: €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.

ENCE Energía y Celulosa

Market Cap: €696.2m

Produces and sells hardwood pulp and renewable energy in Spain, Germany, Poland, Italy, the Netherlands, the United Kingdom, Greece, France, Turkey, and internationally.

H+H International

Market Cap: €1.6b

Provides wall building materials and solutions in the United Kingdom, Central Western Europe, and Poland.

Probe Gold

Market Cap: CA$593.6m

A precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada.

Voestalpine

Market Cap: US$5.1b

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

Sonoco Products

Market Cap: US$4.4b

Designs, develops, manufactures, and sells various engineered and sustainable packaging products in the United States, Europe, Canada, the Asia Pacific, and internationally.

Stora Enso Oyj

Market Cap: €7.3b

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

International Paper

Market Cap: €23.9b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.

CCL Industries

Market Cap: US$13.7b

Manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films.

Probe Gold

Market Cap: €593.6m

A precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada.

Glencore

Market Cap: €39.7b

Engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania.

Lucara Diamond

Market Cap: SEK 88.7m

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

FireFly Metals

Market Cap: US$931.8m

Engages in the exploration and evaluation of mineral deposits in Australia and Canada.

Alto Ingredients

Market Cap: US$82.8m

Produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States.

Freeport-McMoRan

Market Cap: CL$51.3b

Engages in the mining of mineral properties in North America, South America, and Indonesia.

Mondi

Market Cap: US$4.5b

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia.

SSR Mining

Market Cap: US$6.8b

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

Mitsubishi Steel Mfg

Market Cap: €27.0b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

Cydsa. de

Market Cap: Mex$9.0b

Together its subsidiaries, produces and markets salt, chlorine, caustic soda, and refrigerant gases, electricity and steam cogeneration, and underground storage of hydrocarbons in Mexico, the United States, Canada, Central and South America, Asia, and Europe.

Cementos PacasmayoA

Market Cap: S/2.0b

Produces, distributes, and sells cement and cement-related materials in Peru.

Evonik Industries

Market Cap: US$6.8b

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

Imdex

Market Cap: US$1.8b

A mining-tech company, provides drilling products, rock knowledge sensors, and data and analytics for the minerals industry in the Asia-Pacific, the Middle East, Africa, Europe, and the Americas.

Freeport-McMoRan

Market Cap: US$51.3b

Engages in the mining of mineral properties in North America, South America, and Indonesia.

Vault Minerals

Market Cap: AU$4.5b

Engages in the exploration, mine development, mine operations and the sale of gold and gold/copper concentrate in Australia and Canada.

B2Gold

Market Cap: Mex$9.1b

Operates as a gold producer company in Canada.

Dexco

Market Cap: R$4.7b

Engages in the production and sale of wooden panels in Brazil and internationally.

Wolfden Resources

Market Cap: US$32.5m

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

Emerald Resources

Market Cap: AU$3.2b

Engages in the exploration and development of mineral reserves in Cambodia and Australia.

OceanaGold

Market Cap: CA$6.7b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Elevra Lithium

Market Cap: AU$621.5m

Engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada.