Global Materials Strong Balance Sheet Stocks

Paperocks Indonesia

Market Cap: Rp453.7b

Manufactures and sells paper-based packaging products for food and beverages in Indonesia.

Quebec Rare Earth Elements

Market Cap: CA$3.5m

A mining exploration and development company, engages in the exploration of rare earth elements in Canada.

Technichem Organics

Market Cap: ₹938.8m

Manufactures and trades chemicals in India and internationally.

Cabio Biotech (Wuhan)

Market Cap: CN¥4.5b

Develops, produces, and markets arachidonic and docosahexaenoic acids, and beta-carotene for domestic and foreign infant formula, and healthy food manufacturers.

Saraswanti Anugerah Makmur

Market Cap: Rp3.4t

Engages in the production and distribution of non-subsidized NPK Fertilizers in Indonesia.

GCCP Resources

Market Cap: S$7.7m

An investment holding company, engages in the quarrying, processing, and selling limestone in Malaysia.

Bastion Minerals

Market Cap: AU$3.3m

Engages in mining exploration and evaluation in Australia, Chile, Sweden, and Canada.

Star Paper Mills

Market Cap: ₹2.7b

Manufactures and supplies paper, and paper boards and other related products in India and internationally.

Dongguan Changlian New Materials TechnologyLtd

Market Cap: CN¥5.4b

Dongguan Changlian New Materials Technology Co.,Ltd.

Maike Tube Industry Holdings

Market Cap: HK$611.7m

An investment holding company, manufactures and sells steel pipe products and prefabricated pipe nipple products in the People’s Republic of China, the United States, rest of the Americas, rest of Asia, Europe, and internationally.

Mishra Dhatu Nigam

Market Cap: ₹75.0b

Manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally.

Beijing Tongyizhong New Material Technology

Market Cap: CN¥4.4b

Engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally.

Piche Resources

Market Cap: AU$17.9m

A junior exploration company, engages in mining and exploration of mineral resources in Western Australia and Argentina.

Champion Iron

Market Cap: AU$2.4b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

Southern Acids (M) Berhad

Market Cap: RM 446.4m

An investment holding company, engages in the manufacture and trading of oleochemical products in Malaysia, Indonesia, Asia, Europe, the United States, and internationally.

McLaren Minerals

Market Cap: AU$5.0m

Engages in the exploration and evaluation of mineral resources in Western Australia.

Narmada Gelatines

Market Cap: ₹2.4b

Manufactures and sells gelatine and related products in India and internationally.

Larvotto Resources

Market Cap: AU$350.1m

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

Sumitomo Metal Mining

Market Cap: JP¥1.2t

Engages in mining, smelting, and refining non-ferrous metals in Japan and internationally.

OBM Drilchem

Market Cap: Rp237.0b

Operates as a manufacturer and provider of specialty drilling fluid additives to the drilling industry in Indonesia and internationally.

Nippon Pigment Holdings

Market Cap: JP¥5.7b

Manufactures and sells liquid dispersion products, colorants, and resin compounds.

Zimplats Holdings

Market Cap: AU$1.7b

Engages in the production of platinum and associated metals in Zimbabwe.

Grace Fabric TechnologyLtd

Market Cap: CN¥34.9b

Engages in the research and development, production, and sale of e-glass fabrics worldwide.

Jiangsu Zhongsheng Gaoke EnvironmentalLtd

Market Cap: CN¥2.5b

Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd.

WTEC Group Berhad

Market Cap: RM 84.0m

An investment holding company, manufactures and trades in foam and non-foam products, focusing on non-woven fabric products primarily in Malaysia and Vietnam.

Deep Polymers

Market Cap: ₹1.3b

Engages in the manufacture and sale of filler masterbatches and additives in India.

Hainan Mining

Market Cap: CN¥17.4b

Hainan Mining Co., Ltd. mines, processes, and sells iron ore in China.

Hunan Xiangtou Goldsky Titanium Industry Technology

Market Cap: CN¥10.3b

Hunan Xiangtou Goldsky Titanium Industry Technology Co., Ltd.

Western India Plywoods

Market Cap: ₹1.4b

Manufactures and sells hardboard, plywood, and compreg wood products in India and internationally.

Tesoro Gold

Market Cap: AU$106.8m

Engages in the acquisition, exploration, and development of resource projects in Chile.

Indian Toners & Developers

Market Cap: ₹2.8b

Manufactures and sells compatible toners in India.

D.P. Wires

Market Cap: ₹4.3b

Manufactures and supplies steel wires, plastic pipes, and plastic films for oil and gas, power, environment, civil, energy, automobile, infrastructure, and other industries primarily in India.

United Basalt Products

Market Cap: MU₨1.8b

Manufactures and sells building materials primarily in Mauritius, Sri Lanka, and Réunion.

Chongqing Zaisheng Technology

Market Cap: CN¥5.5b

Researches, manufactures, and markets glass microfiber products for purification and energy-saving markets in China.

Fatima Fertilizer

Market Cap: PK₨258.9b

Engages in buying, manufacturing, producing, importing, exporting, and selling of fertilizers and chemicals in Pakistan.

Zhangjiagang Haiguo New Energy Equipment Manufacturing

Market Cap: CN¥2.8b

Zhangjiagang Haiguo New Energy Equipment Manufacturing Co., Ltd.