U.K. Materials Strong Balance Sheet Stocks

Zinnwald Lithium

Market Cap: UK£25.2m

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

Lexington Gold

Market Cap: UK£17.4m

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

Bradda Head Lithium

Market Cap: UK£4.0m

Engages in the exploration and development of lithium deposits and resources in the United States.

Zotefoams

Market Cap: UK£198.8m

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

Empire Metals

Market Cap: UK£388.3m

Engages in the exploration and development of properties in the United Kingdom, Australia, and Austria.

Great Western Mining

Market Cap: UK£2.7m

Engages in the exploration and development of mineral properties in the United States.

Griffin Mining

Market Cap: UK£342.6m

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

Castings

Market Cap: UK£115.6m

Engages in the iron casting and machining activities in the United Kingdom, Germany, Sweden, the Netherlands, rest of Europe, North and South America, and internationally.

Rockfire Resources

Market Cap: UK£13.5m

Engages in the exploration of base and precious metals, and critical minerals in Greece and Australia.

Kavango Resources

Market Cap: UK£37.9m

Engages in the mining and exploration of base and precious metals in Botswana and Zimbabwe.

Fresnillo

Market Cap: UK£16.7b

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico.

Panthera Resources

Market Cap: UK£38.9m

Primarily engages in the exploration and development of gold projects in India and West Africa.

Michelmersh Brick Holdings

Market Cap: UK£88.3m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

Essentra

Market Cap: UK£292.9m

Engages in the manufacturing and distribution of plastic injection moulded, vinyl dip moulded, and metal items in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Eurasia Mining

Market Cap: UK£93.3m

A mining and mineral exploration company, engages in the exploration, development, and production of palladium, platinum, rhodium, iridium, copper, nickel, gold, and other minerals in Russia.

Alba Mineral Resources

Market Cap: UK£2.2m

Engages in the exploration and development of mining and oil and gas resources in the United Kingdom and Greenland.

Corcel

Market Cap: UK£23.5m

Engages in the development of battery metals and exploration and production of oil and gas projects in the United Kingdom.

KEFI Gold and Copper

Market Cap: UK£93.6m

Engages in the exploration and development of gold and copper deposits in the Kingdom of Saudi Arabia and Ethiopia.

Jangada Mines

Market Cap: UK£5.8m

Through its subsidiaries, engages in the exploration and development of mining assets in Brazil.

Mondi

Market Cap: UK£4.5b

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.

Zanaga Iron Ore

Market Cap: UK£64.0m

An investment holding company, engages in the exploration and development of iron ore project.

Serabi Gold

Market Cap: UK£183.7m

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

Steppe Cement

Market Cap: UK£38.3m

An investment holding company, engages in the production and sale of cement and clinkers in Kazakhstan.

Thor Energy

Market Cap: UK£5.7m

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

GreenRoc Strategic Materials

Market Cap: UK£6.4m

Engages in the exploration and development of natural resources.

Atalaya Mining Copper

Market Cap: UK£846.0m

Engages in the mineral exploration and development in Spain.

Jubilee Metals Group

Market Cap: UK£96.0m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

African Pioneer

Market Cap: UK£2.9m

Engages in the exploration and development base metals projects in Zambia, Namibia, and Botswana.

Haydale Graphene Industries

Market Cap: UK£22.7m

Through its subsidiaries, engages in the design, development, and commercialization of advanced materials using graphene and other nanomaterials in United Kingdom, Europe, the United States, China, Thailand, South Korea, Japan, and internationally.

Wishbone Gold

Market Cap: UK£48.9m

Engages in gold trading activities in Australia.

Cobra Resources

Market Cap: UK£33.4m

Engages in the exploration, development, and mining of precious and base metal projects in the United Kingdom and Australia.

Arkle Resources

Market Cap: UK£2.7m

Engages in the exploration and development of mineral resources in Zimbabwe, Botswana, and Ireland.

Johnson Matthey

Market Cap: UK£3.3b

Engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally.

Strategic Minerals

Market Cap: UK£8.9m

Engages in the exploration, development, and operation of mining projects.

Metals One

Market Cap: UK£32.5m

Operates as a mineral exploration and development company in the United States, Finland, and Norway.

Marshalls

Market Cap: UK£434.4m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.