U.K. Materials Strong Balance Sheet Stocks

Itaconix

Market Cap: UK£14.2m

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

Primorus Investments

Market Cap: UK£4.9m

A private equity firm specializing in investing in buyout investments in small and mid cap firms.

Mila Resources

Market Cap: UK£1.4m

Engages in exploration and development of mineral resource properties.

Treatt

Market Cap: UK£168.2m

Manufactures and supplies various natural extracts and ingredients to beverage, flavor, fragrance, and consumer goods markets in the United Kingdom, Germany, Ireland, rest of Europe, the United States, rest of the Americas, China, and internationally.

Greatland Gold

Market Cap: UK£1.8b

Explores for and develops precious and base metals in Australia.

Croda International

Market Cap: UK£4.3b

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£23.7m

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

European Metals Holdings

Market Cap: UK£23.3m

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

Kenmare Resources

Market Cap: UK£367.2m

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

Guardian Metal Resources

Market Cap: UK£54.5m

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

Goldplat

Market Cap: UK£11.5m

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

Mondi

Market Cap: UK£5.1b

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia.

Capital Metals

Market Cap: UK£18.9m

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

Serabi Gold

Market Cap: UK£114.4m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Ferrexpo

Market Cap: UK£365.4m

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

First Tin

Market Cap: UK£25.4m

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

Savannah Resources

Market Cap: UK£97.8m

Engages in the exploration and development of lithium properties.

Ariana Resources

Market Cap: UK£24.2m

Engages in acquisition, exploration, and development of mineral resources in Turkey.

Kodal Minerals

Market Cap: UK£69.9m

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

SulNOx Group

Market Cap: UK£105.0m

Manufactures and develops fuel conditioners and emulsifiers for decarbonization of liquid hydrocarbon fuels in the United Kingdom, the Americas, Europe, Africa, Asia, Oceania, and internationally.

ECR Minerals

Market Cap: UK£5.3m

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

Iofina

Market Cap: UK£43.2m

Explores for, develops, and produces iodine and halogen-based specialty chemical derivatives from oil and gas operations in the United States and the United Kingdom.

Central Asia Metals

Market Cap: UK£271.3m

Operates as a base metals producer.

Hill & Smith

Market Cap: UK£1.5b

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

Metals Exploration

Market Cap: UK£208.0m

Metals Exploration plc identifies, acquires, explores for, and develops mining and processing properties in the Philippines.

Sylvania Platinum

Market Cap: UK£122.3m

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

Galileo Resources

Market Cap: UK£9.3m

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

Lexington Gold

Market Cap: UK£13.5m

Explores for and develops gold projects in the United States and South Africa.

Tertiary Minerals

Market Cap: UK£1.9m

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

Ormonde Mining

Market Cap: UK£590.6k

A natural resource company, engages in the exploration and development of mineral resource projects in Ireland, Canada, Spain, and the United Kingdom.

Great Southern Copper

Market Cap: UK£20.8m

Engages in the exploration and evaluation of copper and gold deposits in Chile.

Eden Research

Market Cap: UK£14.7m

Develops and sells biopesticides solution for crop protection, animal health, and consumer products industries in the United Kingdom and Europe.

Forterra

Market Cap: UK£401.0m

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

Griffin Mining

Market Cap: UK£324.3m

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

Tectonic Gold

Market Cap: UK£1.9m

Engages in the exploration, research, and development of mineral assets in Australia.

Zotefoams

Market Cap: UK£120.8m

Manufactures, distributes, and sells polyolefin foams in the United Kingdom, rest of Europe, North America, and internationally.