U.S. Materials Potentially Undervalued Companies

Silgan Holdings

Market Cap: US$4.1b

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

Lundin Mining

Market Cap: US$28.5b

A diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, and Argentina.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials in the United States, China, Germany, France, Japan, Brazil, Africa, and internationally.

Stella-Jones

Market Cap: US$3.7b

Manufactures and sells industrial pressure-treated wood products in Canada and the United States.

Kingsgate Consolidated

Market Cap: US$1.4b

Engages in the exploration, development, and mining of mineral properties.

Olin

Market Cap: US$2.0b

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

Alamos Gold

Market Cap: US$20.8b

Operates as a gold producer in Canada and Mexico.

Aurelia Metals

Market Cap: US$719.7m

Engages in the exploration and production of mineral properties in Australia, China, and South Korea.

RPM International

Market Cap: US$12.8b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Westgold Resources

Market Cap: US$5.3b

Engages in the exploration, development, and operation of gold mines in Western Australia.

Commercial Metals

Market Cap: US$7.4b

Manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

Chemtrade Logistics Income Fund

Market Cap: US$1.6b

Offers industrial chemicals and services in Canada, the United States, and Brazil.

Sonoco Products

Market Cap: US$4.7b

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

Chemours

Market Cap: US$2.3b

Provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.

West African Resources

Market Cap: US$4.4b

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

Sylvania Platinum

Market Cap: US$233.5m

Operates as a producer of platinum group metals including platinum, palladium, and rhodium, and chrome in South Africa.

Artemis Gold

Market Cap: US$9.4b

Engages in the identification, acquisition, and development of gold properties in Canada.

International Paper

Market Cap: US$18.2b

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

Avient

Market Cap: US$3.8b

Operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia.

Pan American Silver

Market Cap: US$29.1b

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

Capstone Copper

Market Cap: US$11.0b

A copper mining company, mines, explores for, and develops mineral properties in the United States, Chile, and Mexico.

Greatland Resources

Market Cap: US$7.3b

Operates as a gold and copper mining company.

H.B. Fuller

Market Cap: US$2.8b

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products.

Hochschild Mining

Market Cap: US$3.1b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits.

Interfor

Market Cap: US$926.0m

Produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally.

Catalyst Metals

Market Cap: US$1.7b

Engages in the mineral exploration and evaluation in Australia.

Century Aluminum

Market Cap: US$4.4b

Produces primary aluminum and alumina in the United States and Iceland.

MMG

Market Cap: US$116.5b

An investment holding company, engages in the exploration, development, and mining of mineral properties.

AirBoss of America

Market Cap: US$202.2m

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

Regis Resources

Market Cap: US$5.8b

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

Fuchs

Market Cap: US$5.1b

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

Champion Iron

Market Cap: US$1.8b

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

Resolute Mining

Market Cap: US$2.9b

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

Triple Flag Precious Metals

Market Cap: US$9.7b

A precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d’Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States.

Nutrien

Market Cap: US$51.9b

Provides crop inputs and services.

CF Industries Holdings

Market Cap: US$20.1b

Engages in the production of ammonia in North America, Europe, and internationally.