Global Materials Strong Balance Sheet Stocks

Mako Mining

Market Cap: CA$485.4m

Engages in gold mining and exploration activities in Nicaragua.

SP Refractories

Market Cap: ₹237.6m

Engages in the manufacturing and supplying of refractory cement and castables in India.

Kenmare Resources

Market Cap: UK£288.7m

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

Nampak Zimbabwe

Market Cap: US$755.6m

Through its subsidiaries, manufactures and sells paper, plastic, and metal packaging products in Zimbabwe and internationally.

Wolfden Resources

Market Cap: CA$29.4m

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

Polygiene Group

Market Cap: SEK 336.0m

Provides antimicrobial technologies for textiles and other hard surfaces in the Asia Pacific, Europe, the Middle East, Africa, the United States, and internationally.

Honey Badger Silver

Market Cap: CA$21.1m

Engages in the identification, evaluation, acquisition, and exploration of silver-based and other metals-based assets in Canada.

Metallus

Market Cap: US$692.6m

Manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally.

Buzzi

Market Cap: €8.0b

Manufactures, distributes, and sells cement, ready-mix concrete, and aggregates.

First Tin

Market Cap: UK£26.5m

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

Randgold & Exploration

Market Cap: R54.4m

An investment holding company, operates as an exploration and mining investment company in the gold mining sector in South Africa.

Cadence Minerals

Market Cap: UK£6.0m

Operates as an investment and development company that identifies, invests in, and develops rare earth assets.

Exacompta Clairefontaine

Market Cap: €176.5m

Engages in producing, finishing, and formatting of papers in France, Europe, and internationally.

Monument Mining

Market Cap: CA$168.9m

Operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia.

European Green Transition

Market Cap: UK£9.8m

Develops a portfolio of green economy assets in Europe.

European Metals Holdings

Market Cap: UK£19.2m

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

CopAur Minerals

Market Cap: CA$7.9m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

InZinc Mining

Market Cap: CA$3.7m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

Astra Exploration

Market Cap: CA$37.6m

An exploration company, engages in the acquisition, exploration, and development of epithermal gold-silver properties in Chile.

Billerud

Market Cap: SEK 22.4b

Provides paper and packaging materials worldwide.

Meyer

Market Cap: ₦8.3b

Manufactures and sells paint, coating, adhesives, and flooring products in Nigeria.

Power Metallic Mines

Market Cap: CA$316.2m

An exploration company, engages in the acquisition and exploration of mineral resources in Chile and Canada.

Intrepid Potash

Market Cap: US$378.8m

Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products.

Inventus Mining

Market Cap: CA$51.4m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

NV Bekaert

Market Cap: €1.9b

Provides steel wire transformation and coating technologies worldwide.

Innospec

Market Cap: US$2.2b

Develops, manufactures, blends, markets, and supplies specialty chemicals in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.

NorthWest Copper

Market Cap: CA$51.2m

Engages in the acquisition and exploration of mineral properties in Canada.

Guardian Metal Resources

Market Cap: UK£136.5m

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

CopperCorp Resources

Market Cap: CA$14.8m

Engages in the acquisition, exploration, and evaluation of mineral resources in Australia.

Kestrel Gold

Market Cap: CA$8.1m

An early-stage exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada.

Capital Metals

Market Cap: UK£25.7m

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

IMPACT Silver

Market Cap: CA$99.8m

Engages in the exploration, development, and mineral processing activities in Mexico.

Corticeira Amorim S.G.P.S

Market Cap: €1.0b

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.

Noble Mineral Exploration

Market Cap: CA$8.3m

A junior exploration company, engages in the exploration and evaluation of mineral properties in Canada.

Silver Bull Resources

Market Cap: US$11.3m

An exploration stage company, acquires, explores, and develops mineral properties in Mexico.

North Peak Resources

Market Cap: CA$35.9m

Operates as a gold exploration and development company.