Global Materials Potentially Undervalued Companies

Freeport-McMoRan

Market Cap: US$51.3b

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

Cementos PacasmayoA

Market Cap: S/2.0b

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

ArcelorMittal

Market Cap: €17.6b

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

SilverCrest Metals

Market Cap: €2.5b

Engages in the acquiring, exploration, and development of precious metal properties in Mexico.

Aperam

Market Cap: Mex$2.3b

Produces and sells stainless steel and alloy products worldwide.

Boliden

Market Cap: US$100.5b

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.

Nippon Kayaku

Market Cap: US$217.3b

Engages in mobility and imaging, fine chemicals, and life sciences businesses in Japan.

Nitto Denko

Market Cap: €1.8t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania.

SP Group

Market Cap: DKK 3.9b

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa.

Ningbo ShanshanLtd

Market Cap: €33.9b

Provides lithium battery materials in China and internationally.

Ubis (Asia)

Market Cap: ฿547.2m

Manufactures and distributes sealing compounds, lacquers, and coatings used in can production and bottle closures for the food, beverage, and general industries in Thailand, China, and internationally.

AdvanSix

Market Cap: Mex$773.3m

Engages in the manufacture and sale of polymer resins in the United States and internationally.

Acerinox

Market Cap: CHF 2.6b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

Sylvamo

Market Cap: €2.7b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Bioceres Crop Solutions

Market Cap: AR$100.3m

Provides crop productivity solutions.

Nexa Resources PerúA

Market Cap: S/2.1b

Engages in the exploration, exploitation, production, and commercialization of metals in Peru, the United States, Europe, and Asia.

Syensqo

Market Cap: €7.0b

Engages in the research, development, and production of advanced materials for industrial and consumer applications worldwide.

Givaudan

Market Cap: US$29.4b

Manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry.

Vale

Market Cap: Mex$248.5b

Produces iron ore and nickel worldwide.

Dyno Nobel

Market Cap: US$5.6b

Manufactures and distributes commercial explosives in in the United States, Australia, and Mexico.

UPM-Kymmene Oyj

Market Cap: US$12.2b

Engages in the forest-based bioindustry in Europe, North America, Asia, and internationally.

Anglo American

Market Cap: Mex$28.9b

Operates as a mining company in the United Kingdom and internationally.

Messer Tehnogas AD

Market Cap: дин37.3b

Engages in the production and marketing of industrial, medical, and special gases.

Megaron

Market Cap: zł17.0m

Engages in the manufacturing and sale of construction materials for interior finishing works in Poland and internationally.

JK Lakshmi Cement

Market Cap: ₹105.4b

Manufactures and supplies cement in India.

Sinoma Science & TechnologyLtd

Market Cap: CN¥56.4b

Engages in the research and development, design, manufacture, and sale of specialty fiber composite materials in China.

Anhui Jiangnan Chemical IndustryLtd

Market Cap: CN¥18.3b

Anhui Jiangnan Chemical Industry Co.,Ltd.

Jiang Su Suyan JingshenLtd

Market Cap: CN¥8.3b

Engages in the mining, research, production, distribution, and sale of salt and salt chemicals in China.

Rianlon

Market Cap: CN¥8.7b

Provides anti-aging additives and application technologies for polymer materials industry worldwide.

North Huajin Chemical IndustriesLtd

Market Cap: CN¥8.3b

Engages in the production and sales of petrochemicals and chemical fertilizers.

Jiangsu Changhai Composite Materials

Market Cap: CN¥5.9b

Engages in the scientific research, development, production, and sale of glass fiber products and glass fiber composite materials.

P.S.P. Specialties

Market Cap: ฿7.0b

Manufactures and sells lubricant and grease oils in Thailand and internationally.

BBMG

Market Cap: CN¥16.9b

An investment holding company, engages in green building materials, and property development and operation businesses in Asia, Europe, Africa, and internationally.

Daehan Steel

Market Cap: ₩257.5b

Engages in the manufacture and sale of steel products in South Korea and internationally.

Fortuna Mining

Market Cap: Mex$3.7b

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

DuPont de Nemours

Market Cap: US$31.2b

Provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.