Global Materials Strong Balance Sheet Stocks

NCL Industries

Market Cap: ₹9.6b

Manufactures and sells building materials in India.

Terrain Minerals

Market Cap: AU$6.5m

Engages in the exploration of gold, gallium, nickel, base metals, and other mineral resources in Australia.

Dinamik Isi Makina Yalitim Malzemeleri Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺2.8b

Engages in the manufacture and sale of plastic tubes, pipes, hoses, and their fittings in Turkey.

Smart Concrete

Market Cap: ฿593.7m

Engages in manufacturing and selling autoclaved aerated concrete block products for use in construction in Thailand.

Sephaku Holdings

Market Cap: R340.7m

Operates as a construction materials company in South Africa.

Qatar Aluminium Manufacturing Company Q.P.S.C

Market Cap: ر.ق8.0b

Through its subsidiaries, engages in the processing, manufacture, and sale of aluminum products in Qatar.

Shandong Jinling Mining

Market Cap: CN¥5.3b

Engages in the iron ore mining business in China.

ELANTAS Beck India

Market Cap: ₹87.7b

Manufactures and sells specialty chemicals for the electrical insulation and construction industries in India.

Mayur Uniquoters

Market Cap: ₹23.0b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Araya Industrial

Market Cap: JP¥24.6b

Manufactures and sells steel products in Japan and internationally.

Tokai Carbon

Market Cap: JP¥218.0b

Manufactures and sells carbon-related products and services in Japan.

Cherat Cement

Market Cap: PK₨64.3b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

An Phat Bioplastics

Market Cap: ₫3.1t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

UST

Market Cap: ₩50.0b

Manufactures and sells stainless steel pipes and tubes in South Korea.

Enova Mining

Market Cap: AU$11.8m

Engages in the exploration for rare earth elements in Australia and Brazil.

Vishnu Chemicals

Market Cap: ₹33.4b

Engages in the manufacture and sale of chromium chemicals in India.

Archean Chemical Industries

Market Cap: ₹80.2b

Manufactures and sells specialty marine chemicals in India and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥8.7b

Produces and sells environmentally friendly furniture panels in China and internationally.

Taura Gold

Market Cap: CA$4.3m

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

Ha Giang Mineral Mechanics

Market Cap: ₫3.7t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Cypress Hills Resource

Market Cap: CA$1.5m

Does not have significant operations.

Mitsui Mining & Smelting

Market Cap: JP¥596.4b

Engages in the manufacture and sale of metal products in Japan and internationally.

Luks Group (Vietnam Holdings)

Market Cap: HK$512.5m

An investment holding company, engages in the manufacture and sale of cement products in Vietnam, Hong Kong, and Mainland China.

Fuse Battery Metals

Market Cap: CA$1.7m

Engages in the acquisition, exploration, and development of energy metals projects.

Thai O.P.P

Market Cap: ฿930.0m

Manufactures and distributes plastic films, stickers, laminate tubes, and packaging products in Thailand.

Clover

Market Cap: AU$90.2m

Engages in the production, refining, and sale of natural oils and encapsulated powders in Australia, New Zealand, Asia, Europe, the Middle East, and the Americas.

Southern Steel Berhad

Market Cap: RM 592.9m

An investment holding company, manufactures, sells, and trades in steel bars and related products in Malaysia, Singapore, Indonesia, the United States, Australia, Taiwan, Papua New Guinea, Japan, Bangladesh, Philippines, Vanuatu, Vietnam, and internationally.

Alakasa Industrindo

Market Cap: Rp162.5b

Through its subsidiaries, operates in the aluminum industry in Indonesia.

Bharat Rasayan

Market Cap: ₹42.2b

Manufactures and sells technical grade pesticides and intermediates in India.

Pan Asian Microvent Tech (Jiangsu)

Market Cap: CN¥6.0b

Engages in the research and development, design, production, and sale of e-PTFE micro-permeable membranes and aerogels in China and internationally.

Indigo Paints

Market Cap: ₹52.3b

Manufactures and sells decorative paints in India and internationally.

MS Group Holdings

Market Cap: HK$188.0m

An investment holding company, engages in the production and sale of plastic and stainless steel sports bottles, and baby feeding accessories in the United States, Italy, the People’s Republic of China, and internationally.

Kansai Nerolac Paints

Market Cap: ₹192.3b

Manufactures and supplies paints, varnishes, enamels, and lacquers in India.

Avia Avian

Market Cap: Rp25.6t

Manufactures and distributes paints and building materials in Indonesia.

Bright Packaging Industry Berhad

Market Cap: RM 41.1m

An investment holding company, manufactures and sells aluminum foil packaging materials in Malaysia.

Antipa Minerals

Market Cap: AU$398.2m

Engages in the mineral exploration business in Australia.