Global Materials Undervalued based on future growth

Ximei Resources Holding

Market Cap: HK$5.8b

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

SeAH Besteel Holdings

Market Cap: ₩1.1t

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

JK Paper

Market Cap: ₹66.9b

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

Zanyu Technology Group

Market Cap: CN¥4.6b

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

Mako Mining

Market Cap: CA$951.8m

Engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana.

Duc Giang Chemicals Group

Market Cap: ₫17.2t

Manufactures industrial products in Vietnam.

Gloria Material Technology

Market Cap: NT$19.5b

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

Anhui Huaheng Biotechnology

Market Cap: CN¥4.0b

Engages in the research and development, production, and sale of bio-based products through bio-manufacturing in China and internationally.

MOIL

Market Cap: ₹56.2b

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

Surya Roshni

Market Cap: ₹54.7b

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

Pantoro Gold

Market Cap: AU$791.6m

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

Metals Exploration

Market Cap: UK£411.2m

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

AdvanSix

Market Cap: US$546.7m

AdvanSix Inc., integrated chemistry company, engages in the manufacture and sale of polymer resins in the United States and internationally.

Midwest

Market Cap: ₹47.9b

Engages in the exploration, exploitation, manufacturing, processing, and selling of dressed granite blocks and slabs in India and internationally.

Galiano Gold

Market Cap: CA$692.2m

Operates as a gold mining company.

Fauji Cement

Market Cap: PK₨133.0b

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

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.

Black Cat Syndicate

Market Cap: AU$663.3m

Engages in the exploration and evaluation of gold properties in Western Australia.

Integra Resources

Market Cap: CA$627.0m

A precious metals producer, engages in the exploration and development of mineral properties in the Great Basin of the Western United States.

Korea Petrochemical Ind

Market Cap: ₩652.2b

Engages in the production and supply of petrochemicals in Korea and internationally.

Alto Ingredients

Market Cap: US$436.2m

Produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States.

San Fu Chemical

Market Cap: NT$13.8b

Manufactures and sells various chemical products in Taiwan.

AIC Mines

Market Cap: AU$606.2m

Engages in the exploration, development, and production of mines in Australia.

GHCL

Market Cap: ₹40.2b

Manufactures and trades inorganic chemicals in India and internationally.

SIMONA

Market Cap: €360.0m

Engages in the development, manufacture, and marketing of range of semi-finished thermoplastics, pipes, fittings, and profiles worldwide.

Maple Leaf Cement Factory

Market Cap: PK₨105.7b

Produces and sells cement in Pakistan, Afghanistan, Maldives, Qatar, Sri Lanka, South Africa, Yemen, and Tanzania.

CNMC Goldmine Holdings

Market Cap: S$482.3m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

Sidi Kerir Petrochemicals

Market Cap: ج.م18.6b

Manufactures, packages, and sells petrochemical products in Egypt and internationally.

Advanced Nano Products

Market Cap: ₩541.7b

Engages in the manufacturing materials used in thin-film solar cells, display panels, and semiconductor CMP processes in South Korea and internationally.

Heliostar Metals

Market Cap: CA$513.6m

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

PI Advanced Materials

Market Cap: ₩533.0b

Engages in the manufacture and sale of polyimide-based materials in South Korea.

ADF Group

Market Cap: CA$502.0m

Engages in the design and engineering of connections including industrial coatings in Canada and the United States.

Caledonia Mining

Market Cap: US$343.0m

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

Kohat Cement

Market Cap: PK₨92.1b

Engages in the production and sale of cement in Pakistan and Afghanistan.

Dongsung FineTec

Market Cap: ₩493.6b

Engages in the manufacture and sale of cryogenic insulation products in South Korea.

SeAH Holdings

Market Cap: ₩491.7b

Engages in the steel materials business in South Korea and internationally.