U.S. Materials Potentially Undervalued Companies

Resolute Mining

Market Cap: US$3.1b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

Torex Gold Resources

Market Cap: US$6.1b

Operates as an intermediate gold producer.

West African Resources

Market Cap: US$4.1b

Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa.

Clearwater Paper

Market Cap: US$294.3m

Manufactures and supplies bleached paperboards in the United States and internationally.

Catalyst Metals

Market Cap: US$2.1b

Engages in the mineral exploration and evaluation in Australia.

Wesdome Gold Mines

Market Cap: US$3.5b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Fuchs

Market Cap: US$4.5b

Develops, produces, and distributes lubricants and functional fluids in Europe, the Middle East, Africa, the Asia Pacific, and North and South America.

Aspen Aerogels

Market Cap: US$287.6m

An aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America.

Harmony Gold Mining

Market Cap: US$211.4b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia.

Silgan Holdings

Market Cap: US$5.2b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Zijin Mining Group

Market Cap: US$1.0t

Engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

AirBoss of America

Market Cap: US$135.2m

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

Olin

Market Cap: US$3.0b

Manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada.

Richards Group

Market Cap: US$324.5m

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

Ferroglobe

Market Cap: US$994.7m

Produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally.

Regis Resources

Market Cap: US$6.4b

Engages in the exploration, evaluation, and development of gold projects in Australia.

Sasol

Market Cap: US$75.8b

Operates as a chemical and energy company.

SunCoke Energy

Market Cap: US$696.8m

Operates as an independent producer of coke in the Americas and Brazil.

OceanaGold

Market Cap: US$11.5b

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

Sumitomo Chemical Company

Market Cap: US$932.7b

Engages in Agro & Life Solutions, ICT & Mobility Solutions, Advanced Medical Solutions, Essential & Green Materials, and Sumitomo Pharma.

Solvay

Market Cap: US$2.9b

Provides basic and performance chemicals worldwide.

Magnera

Market Cap: US$523.4m

Manufactures and sells non-woven and related products worldwide.

Capital

Market Cap: US$287.8m

Provides drilling, mining, mineral assaying, and surveying services.

Aurelia Metals

Market Cap: US$533.2m

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

Evonik Industries

Market Cap: US$7.5b

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

Eastman Chemical

Market Cap: US$9.2b

Operates as a specialty materials company in the United States, China, and internationally.

Fuji Seal International

Market Cap: US$178.8b

Engages in planning, proposal, development, manufacturing, and sales of packaging systems.

thyssenkrupp

Market Cap: US$7.6b

Provides industrial and technology solutions and services in Germany and internationally.

O-I Glass

Market Cap: US$2.5b

Through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally.

Usinas Siderúrgicas de Minas Gerais

Market Cap: US$7.6b

Manufactures and sells steel products in Brazil and internationally.

Boliden

Market Cap: US$187.6b

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.

Orbia Advance Corporation. de

Market Cap: US$40.8b

Provides polymer solutions in the United States, Northwest Europe, Africa, the Middle East, Asia, Southwest Europe, Mexico, Brazil, Central and Eastern Europe, Colombia, Central America, Peru, Southeast Europe, Canada, Ecuador, Argentina, Chile, Israel, and internationally.

Canfor

Market Cap: US$1.8b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

ArcelorMittal

Market Cap: US$42.0b

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

Cleveland-Cliffs

Market Cap: US$7.0b

Operates as a steel producer in the in the United States and Canada.

Alcoa

Market Cap: US$16.3b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.