Global Materials Undervalued based on future growth

TR Anadolu Metal Madencilik Isletmeleri

Market Cap: ₺50.9b

Engages in the mining activities in Turkey.

SeAH Besteel Holdings

Market Cap: ₩1.5t

Manufactures and sells special steel products in South Korea, the rest of Asia, South America, North America, Oceania, Europe, and internationally.

Atlas Consolidated Mining and Development

Market Cap: ₱63.6b

Through its subsidiaries, engages in the exploration and mining of metallic mineral properties in the Philippines.

UNACEM CorpA

Market Cap: S/3.5b

Produces, markets, and sells various types of cement, clinker, and concrete products in Peru, the United States, Ecuador, Colombia, and Chile.

Kingsgate Consolidated

Market Cap: AU$1.4b

Engages in the exploration, development, and mining of mineral properties.

Tiangong International

Market Cap: HK$7.5b

Manufactures and sells alloy steel and related products.

Hokuetsu

Market Cap: JP¥145.8b

Manufactures and sells paper products in Japan, the rest of Asia, North America, and internationally.

Çimsa Çimento Sanayi ve Ticaret

Market Cap: ₺43.2b

Engages in the production and sale of cement and building materials in Turkey and internationally.

Engro Fertilizers

Market Cap: PK₨245.3b

Engages in the manufacturing and selling a range of fertilizer products in Pakistan.

Hankuk Carbon

Market Cap: ₩1.2t

Produces and sells carbon fiber, synthetic resin, and glass paper related products in South Korea.

Jiangsu Changbao SteeltubeLtd

Market Cap: CN¥5.7b

Manufactures and sells steel tubes in the People’s Republic of China and internationally.

Zanyu Technology Group

Market Cap: CN¥5.5b

Engages in the research and development, manufacture, and sale of surfactants and oleo chemicals and personal care products in China and internationally.

LOTTE Fine Chemical

Market Cap: ₩1.1t

Manufactures and sells chemical products in South Korea, the rest of Asia, North America, Europe, and internationally.

Indian Metals and Ferro Alloys

Market Cap: ₹77.0b

Engages in the production and sale of ferro chrome in India and internationally.

Santacruz Silver Mining

Market Cap: CA$1.1b

Engages in the acquisition, exploration, development, production, and operation of mineral properties in Latin America.

Century Iron and Steel IndustrialLtd

Market Cap: NT$24.9b

Century Iron and Steel Industrial Co.,Ltd.

Kirloskar Ferrous Industries

Market Cap: ₹73.2b

Manufactures and sells iron castings, seamless tubes, and engineering steels in India and internationally.

JK Paper

Market Cap: ₹70.6b

Engages in the production and sale of paper products in India.

Ximei Resources Holding

Market Cap: HK$5.7b

Produces and sells tantalum and niobium based metallurgical products in Mainland China, North America, South America, Asia, Europe, and Oceania.

Pantoro Gold

Market Cap: AU$1.0b

Engages in the gold mining, processing, and exploration activities in Western Australia.

AECI

Market Cap: R11.4b

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

Zhejiang Jiaao Enprotech Stock

Market Cap: CN¥4.4b

Engages in the research, development, production, and sale of environmentally friendly plasticizers and stabilizers in China and internationally.

Gloria Material Technology

Market Cap: NT$19.1b

Engages in smelting, manufacturing, processing and sales of steel in Taiwan, the United States, China, and internationally.

Duc Giang Chemicals Group

Market Cap: ₫15.7t

Manufactures industrial products in Vietnam.

Metals Exploration

Market Cap: UK£423.2m

Metals Exploration plc identifies, acquires, explores, and develops mining and processing properties in the United Kingdom, the Philippines, and Nicaragua.

Zhangjiagang Guangda Special Material

Market Cap: CN¥3.9b

Zhangjiagang Guangda Special Material Co., Ltd.

Marshalls

Market Cap: UK£415.5m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.

MOIL

Market Cap: ₹51.5b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Galiano Gold

Market Cap: CA$740.3m

Operates as a gold mining company.

Epigral

Market Cap: ₹48.3b

Manufactures and sells chlor-alkali and derivative products in India and internationally.

Surya Roshni

Market Cap: ₹47.5b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Fauji Cement

Market Cap: PK₨136.3b

Engages in the manufacturing and selling of various types of cement in Pakistan.

Aurelia Metals

Market Cap: AU$677.4m

Engages in the exploration and production of mineral properties in Australia.

Tharisa

Market Cap: R7.6b

An investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally.

Caledonia Mining

Market Cap: US$446.1m

Engages in the exploration, development, and production of gold in Zimbabwe.

Heliostar Metals

Market Cap: CA$598.1m

Engages in gold and silver exploration and mining activities in the United States and Mexico.