Global Materials Undervalued Stocks Based On Cash Flows

RHI Magnesita

Market Cap: UK£1.3b

Develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.

Aneka Tambang

Market Cap: Rp94.7t

Operates as a diversified metals and mining company in Indonesia.

Anglo Asian Mining

Market Cap: UK£297.3m

Owns and operates gold, silver, and copper producing properties in the Republic of Azerbaijan.

Pan African Resources

Market Cap: UK£3.2b

Engages in the mining, extraction, production, and sale of gold in South Africa.

Camlin Fine Sciences

Market Cap: ₹20.6b

Research, develops, manufactures, and markets specialty chemicals, ingredients, and additive blend products in India and internationally.

Accsys Technologies

Market Cap: UK£145.8m

Engages in the production and sale of solid wood and wood elements in the United Kingdom, Ireland, rest of Europe, the Americas, and internationally.

Chongqing Zaisheng Technology

Market Cap: CN¥16.4b

Researches, manufactures, and markets fiber cotton in China.

Sinomine Resource Group

Market Cap: CN¥58.1b

Engages in the development and utilization of lithium-ion battery raw materials in China and internationally.

Ferroglobe

Market Cap: US$811.8m

Produces and sells silicon metal, and silicon and manganese-based alloys.

Holcim

Market Cap: CHF 39.8b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Equinox Gold

Market Cap: CA$17.0b

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

Silvercorp Metals

Market Cap: CA$3.8b

Acquires, explores, develops, and mines mineral properties in China.

Solvay

Market Cap: €2.8b

Provides basic and performance chemicals worldwide.

AECI

Market Cap: R11.7b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.

Canfor

Market Cap: CA$1.6b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

Zhaojin Mining Industry

Market Cap: HK$116.8b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.

G Mining Ventures

Market Cap: CA$13.5b

A mining company, engages in the acquisition, exploration, evaluation, development, and operation of mineral properties.

Vittia

Market Cap: R$623.1m

Vittia S.A. manufacturing and sale of compost, fertilizers, biological pesticides, and other chemical products in Brazil and internationally.

MP Materials

Market Cap: US$10.2b

Produces rare earth materials in the Western Hemisphere.

TIMAH

Market Cap: Rp28.7t

Engages in tin mining and smelting operations in Indonesia and internationally.

Elkem

Market Cap: NOK 18.2b

Engages in the provision of advanced material solutions worldwide.

Americas Gold and Silver

Market Cap: CA$2.7b

Engages in the exploration, development, and production of mineral properties in the Americas.

Solstice Advanced Materials

Market Cap: US$12.7b

Operates as a specialty chemicals and advanced materials company in the United States and internationally.

Sibanye Stillwater

Market Cap: R155.2b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Saudi Paper Manufacturing

Market Cap: ر.س2.2b

Manufactures and sells paper pulp and tissue paper products in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally.

OceanaGold

Market Cap: CA$10.6b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Ero Copper

Market Cap: CA$4.3b

Engages in the exploration, development, and production of mining projects in Brazil.

Warrior Met Coal

Market Cap: US$4.5b

Engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia.

Mishra Dhatu Nigam

Market Cap: ₹65.3b

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

Hochschild Mining

Market Cap: UK£3.4b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits.

Ganfeng Lithium Group

Market Cap: CN¥164.4b

Manufactures and sells lithium products in China.

Zignago Vetro

Market Cap: €632.0m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Montage Gold

Market Cap: CA$6.2b

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

Endeavour Mining

Market Cap: CA$22.1b

Operates as a gold mining company in West Africa.

Outokumpu Oyj

Market Cap: €2.4b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Almonty Industries

Market Cap: CA$8.5b

Engages in mining, processing, and shipping of tungsten concentrates.