Global Materials Undervalued based on future growth

E.I.D.- Parry (India)

Market Cap: ₹182.1b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Kumho Petro ChemicalLtd

Market Cap: ₩3.0t

Manufactures and sells synthetic rubber and resins, specialty chemicals, nanocarbon, energy, and building materials in South Korea and internationally.

Chengdu Wintrue Holding

Market Cap: CN¥14.4b

Engages in the research and development, production, and sale of compound fertilizers.

Archi Indonesia

Market Cap: Rp31.4t

Through its subsidiaries, engages in the mining, trading, and processing of gold properties in Indonesia.

Tokuyama

Market Cap: JP¥277.1b

Produces and sells various chemical products in Japan.

Shenzhen Noposion Crop Science

Market Cap: CN¥12.6b

Researches and develops, manufactures, distributes, and provides technical services for pesticides and fertilizers in China and internationally.

Sylvamo

Market Cap: US$1.8b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Shenzhen Batian Ecotypic Engineering

Market Cap: CN¥12.4b

Shenzhen Batian Ecotypic Engineering Co., Ltd.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.3b

Manufactures and sells steel structures and supporting products in China and internationally.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥12.0b

Engages in the research and development, production, and sales of food additives, daily chemical flavors, bulk chemicals, and intermediates.

Stanley Agriculture GroupLtd

Market Cap: CN¥11.9b

Engages in the research and development, production and sale of compound fertilizers in China.

Sansteel MinGuangLtd.Fujian

Market Cap: CN¥11.9b

Manufactures and sells iron and steel products in China.

Elkem

Market Cap: NOK 16.8b

Engages in the provision of advanced material solutions worldwide.

Gränges

Market Cap: SEK 14.6b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

China BlueChemical

Market Cap: HK$12.0b

Engages in the processing of natural gas and the development, production, and sale of chemical fertilizers and chemical products in the People’s Republic of China and internationally.

Lafarge Africa

Market Cap: ₦2.2t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

RHI Magnesita

Market Cap: UK£1.1b

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

Sinofert Holdings

Market Cap: HK$11.5b

An investment holding company, engages in the production, import and export, distribution, and retail of fertilizer raw materials and crop nutrition products in Mainland China and internationally.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

Duc Giang Chemicals Group

Market Cap: ₫37.7t

Manufactures industrial products in Vietnam.

China XLX Fertiliser

Market Cap: HK$10.9b

An investment holding company, engages in the development, manufacture, and sale of urea primarily in Mainland China and internationally.

Nantong Jiangshan Agrochemical & ChemicalsLtd

Market Cap: CN¥9.9b

Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd.

Bradespar

Market Cap: R$6.9b

Through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil.

Atalaya Mining Copper

Market Cap: UK£947.3m

Engages in the mineral exploration and development in Spain.

Catalyst Metals

Market Cap: AU$1.9b

Engages in the mineral exploration and evaluation in Australia.

Jiang Su Suyan JingshenLtd

Market Cap: CN¥8.7b

Engages in the mining, research, production, distribution, and sale of salt and salt chemicals in China.

Jindal Saw

Market Cap: ₹107.7b

Engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally.

Zhejiang Runtu

Market Cap: CN¥8.5b

Produces and sells dyes in China.

Limin GroupLtd

Market Cap: CN¥8.3b

Researches, develops, manufactures, and markets fungicides and other pesticides in China.

Silvery Dragon Prestressed MaterialsLTD Tianjin

Market Cap: CN¥8.1b

Manufactures and sells prestressed steel products in China and internationally.

Altri SGPS

Market Cap: €973.3m

Produces and sells cellulosic fibers in Portugal and internationally.

Shandong Bohui Paper IndustryLtd

Market Cap: CN¥7.9b

Researches, develops, produces, sells, imports, and exports paper products in China.

Century Iron and Steel IndustrialLtd

Market Cap: NT$34.1b

Century Iron and Steel Industrial Co.,Ltd.

Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd

Market Cap: CN¥7.8b

Xinjiang Qingsong Building Materials and Chemicals(Group)Co,Ltd.

Engro Fertilizers

Market Cap: PK₨287.7b

Engages in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides in Pakistan.

Fatima Fertilizer

Market Cap: PK₨283.6b

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