Global Materials Strong Balance Sheet Stocks

Golden Horse Minerals

Market Cap: AU$93.2m

Operates as a gold exploration company that is engaged in the acquisition, exploration, and development of mineral projects in Western Australia.

Shanghai Putailai New Energy TechnologyLtd

Market Cap: CN¥42.9b

Shanghai Putailai New Energy Technology Co., Ltd., together with its subsidiaries, engages in the development and sale of materials of lithium-ion batteries and automation equipment in China.

Iltani Resources

Market Cap: AU$14.2m

Engages in the exploration and development of metal projects in Australia.

Neometals

Market Cap: AU$41.6m

Engages in the development and commercialisation of sustainable processing solutions that recycle and recover critical materials from waste streams in Australia.

Tangshan Sanyou Chemical IndustriesLtd

Market Cap: CN¥12.7b

Engages in the production and sales of calcium chloride, sodium chloride and snow.

Tokyo Tekko

Market Cap: JP¥50.9b

Engages in the manufacture and sale of steel bars and processed steel bar products for the construction industry in Japan.

Heavy Rare Earths

Market Cap: AU$10.2m

Operates as a rare earth exploration and development company in Western Australia and the Northern Territory.

Global Lithium Resources

Market Cap: AU$73.4m

Engages in the evaluation, exploration, and development of lithium resources in Australia.

Suzhou Kingswood Education Technology

Market Cap: CN¥7.9b

Suzhou Kingswood Education Technology Co., Ltd.

Rox Resources

Market Cap: AU$265.2m

Engages in mineral exploration activities in Australia.

United Paper

Market Cap: ฿5.0b

Engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand.

Investigator Resources

Market Cap: AU$45.1m

Engages in the exploration of mineral properties in Australia.

Dalmia Bharat

Market Cap: ₹441.0b

Manufactures and sells cement and its related products primarily in India.

Security Papers

Market Cap: PK₨10.3b

Engages in the manufacture and sale of specialized papers for banknote and non-banknote security documents in Pakistan.

Ohishi Sangyo

Market Cap: JP¥9.9b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

Shanghai Chlor-Alkali Chemical

Market Cap: CN¥10.1b

Manufactures and sells chemical products in China and internationally.

CNSIG Anhui Hongsifang Fertilizer

Market Cap: CN¥10.2b

CNSIG Anhui Hongsifang Fertilizer Co., Ltd.

Waratah Minerals

Market Cap: AU$199.5m

Operates as a diversified minerals exploration company.

Ornapaper Berhad

Market Cap: RM 60.8m

Engages in the manufacture and sale of corrugated boards and carton boxes for the manufacturing sector in Malaysia, rest of Asia, and the United States.

Strata Minerals

Market Cap: AU$4.2m

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

Cosmos Exploration

Market Cap: AU$9.4m

Explores for critical minerals in Australia and Canada.

Sobute New Materials

Market Cap: CN¥4.8b

Engages in the research, development, production, and sale of concrete admixtures in Mainland China and internationally.

ISE Chemicals

Market Cap: JP¥138.2b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

Saturn Metals

Market Cap: AU$197.8m

Engages in the exploration of precious metals in Australia.

BPM Minerals

Market Cap: AU$7.3m

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

Tiande Chemical Holdings

Market Cap: HK$1.2b

An investment holding company, engages in the research, development, manufacture, and sells fine chemical products in the People’s Republic of China, India, Switzerland, the United States, United Arab Emirates, and internationally.

Yantai Ishikawa Sealing Technology

Market Cap: CN¥3.5b

Yantai Ishikawa Sealing Technology Co., Ltd.

Arabian Petroleum

Market Cap: ₹814.2m

Manufactures and sells lubricants primarily in India.

China Hongqiao Group

Market Cap: HK$241.6b

An investment holding company, manufactures and sells aluminum products.

Alicanto Minerals

Market Cap: AU$32.2m

Operates as a mineral exploration company in Sweden.

Stillwater Critical Minerals

Market Cap: CA$67.9m

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States.

Winshear Gold

Market Cap: CA$4.9m

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

Galiano Gold

Market Cap: CA$752.2m

A mining, development, and exploration company.

Tessenderlo Group

Market Cap: €1.5b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Brixton Metals

Market Cap: CA$41.4m

An exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada and the United States.

Manganese X Energy

Market Cap: CA$11.8m

Acquires and advances mining prospects for supplying value-added materials to the lithium-ion battery and other alternative energy industries in North America.