Global Materials Potentially Undervalued Companies

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.

Sumitomo Osaka Cement

Market Cap: €128.1b

Engages in the cement production business in Japan and internationally.

Air Products and Chemicals

Market Cap: €60.6b

Provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally.

Hudbay Minerals

Market Cap: CA$7.8b

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

Sotkamo Silver

Market Cap: €311.1m

A mining and ore prospecting company, develops and utilises mineral deposits in the Kainuu region in Finland.

Sinopec Shanghai Petrochemical

Market Cap: €25.6b

Manufactures and sells petroleum and chemical products in the People’s Republic of China.

Metals X

Market Cap: €664.8m

Engages in the production of tin in Australia.

Nitto Denko

Market Cap: €2.3t

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

Greif

Market Cap: €2.9b

Engages in the production and sale of industrial packaging products and services worldwide.

Aurion Resources

Market Cap: €187.4m

Engages in the acquisition, exploration, and evaluation of mineral properties in Finland.

China Oriental Group

Market Cap: €4.9b

Manufactures and sells iron and steel products for downstream steel manufacturers in the People’s Republic of China.

Stora Enso Oyj

Market Cap: €7.3b

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

Chifeng Jilong Gold MiningLtd

Market Cap: €52.9b

Engages in mining, metallurgical processing, and sales of gold worldwide.

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.

Silver Bull Resources

Market Cap: €12.0m

An exploration stage company, acquires, explores, and develops mineral properties in Mexico.

Bioceres Crop Solutions

Market Cap: AR$100.3m

Provides crop productivity solutions.

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.

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.

SSAB

Market Cap: €52.8b

Engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally.

Paradeep Phosphates

Market Cap: ₹148.9b

Manufactures, trades, distributes, and sells urea and complex fertilizers in India.

M M Forgings

Market Cap: ₹14.9b

Manufactures and sells steel forgings in India.

Chememan

Market Cap: ฿2.5b

Manufactures and distributes mineral lime and chemical products in Thailand and internationally.

Emerald Resources

Market Cap: AU$3.2b

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

MYS Group

Market Cap: CN¥6.9b

Develops, produces, and sells packaging products in China and internationally.

Wuzhou Special Paper Group

Market Cap: CN¥5.6b

Researches and develops, manufactures, and sells special paper in China.

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.

Yong Jie New MaterialLtd

Market Cap: CN¥8.0b

Engages in the research and development, manufacture, and sale of aluminum and aluminum alloy new materials worldwide.

Maanshan Iron & Steel

Market Cap: HK$27.9b

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally.

Fangda Special Steel Technology

Market Cap: CN¥12.1b

Fangda Special Steel Technology Co., Ltd.

Daedong Steel

Market Cap: ₩31.0b

Manufactures and sells steel products.

CMOC Group

Market Cap: HK$317.7b

Engages in the mining, dressing, and smelting of base and rare metals in China, Brazil, the Democratic Republic of the Congo, Switzerland, and internationally.

Sudal Industries

Market Cap: ₹786.6m

Manufactures, supplies, and sells aluminum extrusions and aluminum-based alloys in India.