U.K. Materials Strong Balance Sheet Stocks

East Star Resources

Market Cap: UK£7.6m

Focuses on the discovery and exploration of gold, copper, and rare earth metals in the United Kingdom and Kazakhstan.

Primorus Investments

Market Cap: UK£5.0m

A private equity firm that specializes in small to mid-cap firms at any stage.

Itaconix

Market Cap: UK£14.8m

Engages in the development of plant-based polymers for home and personal care applications in North America, Europe, and internationally.

Croda International

Market Cap: UK£3.7b

Engages in the consumer care, life science, and industrial specialty businesses in Europe, the Middle East, Africa, North America, Asia, and Latin America.

Helix Exploration

Market Cap: UK£50.3m

A helium exploration company, engages in the development and exploitation of small-scale gas leases in Montana, North America.

Mila Resources

Market Cap: UK£6.9m

Engages in exploration and development of mineral resource properties.

Treatt

Market Cap: UK£159.0m

Manufactures and supplies various natural extracts and ingredients to beverage, flavor, fragrance, and consumer goods markets.

First Tin

Market Cap: UK£27.8m

Engages in the exploration, development, mining, and processing of tin properties in Germany and Australia.

Kenmare Resources

Market Cap: UK£281.5m

Engages in the production and sale of mineral sand products in China, rest of Asia, Europe, the United States, and internationally.

European Green Transition

Market Cap: UK£9.1m

Develops a portfolio of green economy assets in Europe.

Cadence Minerals

Market Cap: UK£15.6m

Operates as an investment and development company in the mineral resource sector.

Savannah Resources

Market Cap: UK£98.1m

Engages in the exploration and development of lithium properties.

Asiamet Resources

Market Cap: UK£30.5m

Engages in the exploration and development of mineral properties in Indonesia.

European Metals Holdings

Market Cap: UK£22.6m

Operates as the exploration and development company in the Czech Republic.

Goldplat

Market Cap: UK£14.1m

Operates as a mining services company in South Africa and Ghana.

Ajax Resources

Market Cap: UK£3.3m

A natural resource investment company, engages in the acquisition and development of mineral properties.

Ferrexpo

Market Cap: UK£330.6m

Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry.

Atlantic Lithium

Market Cap: UK£61.8m

Engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana.

AltynGold

Market Cap: UK£212.7m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Capital Metals

Market Cap: UK£33.6m

Engages in the exploration, evaluation, and development of mineral sand resources in the United Kingdom and Sri Lanka.

Guardian Metal Resources

Market Cap: UK£172.5m

Engages in the exploration and exploitation of mineral resources in the United States.

Iofina

Market Cap: UK£43.2m

Explores for, develops, and produces iodine and halogen-based specialty chemical derivatives from oil and gas operations in North America, Asia, South America, Europe, and internationally.

Kodal Minerals

Market Cap: UK£66.9m

Engages in the exploration and evaluation of mineral resources in West Africa.

Elementis

Market Cap: UK£921.6m

Operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally.

SulNOx Group

Market Cap: UK£54.4m

Produces and develops fuel emulsifier technologies in the United Kingdom and internationally.

ECR Minerals

Market Cap: UK£6.6m

Through its subsidiaries, explores and develops mineral projects in Australia.

Central Asia Metals

Market Cap: UK£257.5m

Operates as a base metals producer.

Xtract Resources

Market Cap: UK£7.7m

Operates as a resource exploration and development company in Australia, the United Kingdom, and Zambia.

Forterra

Market Cap: UK£384.6m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

Gem Resources

Market Cap: UK£3.1m

Operates as a mining and mineral exploration company in South Africa, Australia, and Zambia.

Sylvania Platinum

Market Cap: UK£223.7m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

BWA Group

Market Cap: UK£4.2m

An investment company, engages in mineral exploration investment activities in Cameroon, the United States, Norway, and Canada.

Galileo Resources

Market Cap: UK£11.7m

Explores and develops mineral projects in South Africa, Botswana, the United Kingdom, and the United States.

Hill & Smith

Market Cap: UK£1.6b

Manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally.

Tertiary Minerals

Market Cap: UK£2.1m

Tertiary Minerals plc, together with its subsidiaries, identifies, acquires, explores, and develops mineral properties.

Zinnwald Lithium

Market Cap: UK£25.2m

Operates as a mineral exploration and development company in the United Kingdom and Germany.